PNR Non-Core Properties for Socialized Housing

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EXECUTIVE ORDER NO. 48: PNR Non-Core Properties for Socialized Housing

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Title Source: Supreme Court: PNR Non-Core Properties for Socialized Housing

Law: Executive Order No. 48

Decision Date: Oct 26, 2001

Executive Order No. 48 authorizes the transfer of non-core properties of the Philippine National Railways to the National Housing Authority for socialized housing, aiming to regularize land tenurial status and dispose of properties occupied by informal settlers.

Law Summary

Inventory Requirement

PNR must submit a comprehensive inventory of all non-core properties to the Housing and Urban Development Coordinating Council (HUDCC).
HUDCC will evaluate these properties for potential socialized housing projects.

Allocation and Use of Sales Proceeds

PNR, in coordination with the Department of Budget and Management (DBM), will determine priorities for the use of proceeds from the sale of non-core properties.
Proceeds may be used to settle PNR's outstanding payables, including obligations to the Government Service Insurance System (GSIS).

Support from Government and Private Sectors

HUDCC is authorized to enlist assistance from other government agencies, bureaus, instrumentalities, and private sector organizations to implement the Executive Order.

Preparation of Implementing Guidelines

HUDCC, together with PNR and the National Housing Authority (NHA), shall formulate implementing guidelines for the effective enforcement of the Order.

Separability Clause

If any provision of the Order is declared invalid by a competent court or tribunal, remaining provisions shall continue to be in full force and effect.

Effectivity

The Executive Order takes effect immediately upon issuance, ensuring prompt implementation and enforcement.

END