Legal Framework and Compliance
- The designation is subject to all provisions of RA No. 7916 as amended, including its Implementing Rules and Regulations.
- It also adheres to PEZA Board Resolutions Nos. 02-342 (October 10, 2002), 06-570 (December 18, 2006), and 08-239 (April 28, 2008).
Location and Description of Parcels of Land
- The Tourism Economic Zone comprises three specific parcels of land with their lot numbers and technical descriptions documented.
- Lot No. 2, TCT No. T-1127449, covering approximately 542,294 square meters, with precise geographic boundaries and adjoining lots detailed.
- Lot No. 10, Psu-101203, covering about 28,604 square meters, with designated boundaries involving properties and natural landmarks.
- Lot No. 11, Psu-101203, covering about 27,533 square meters, similarly bounded by natural and private properties.
- The land surveys were conducted between 1936 and 2004, with markers and monuments indicating perimeter points.
Purpose of Tourism Economic Zone Designation
- The zone is intended for tourism and business development under the legislative framework designed to promote economic growth.
- The designation facilitates regulated economic activity that aligns with national tourism goals.
Legal Authority and Signatories
- The proclamation is signed and sealed by the President of the Philippines and the Executive Secretary, giving it full legal effect.
- This formalization establishes the zone's status as recognized under Philippine law, enabling its development and governance under PEZA.
Important Legal Concepts
- Special Economic Zone designation confers specific regulatory and fiscal incentives for development.
- Compliance with environmental and land use regulations remains obligatory within the zone.
- The detailed boundary descriptions ensure clarity in land administration and jurisdiction.
Procedural Formalities
- The proclamation passes through requisite recommendations and resolutions.
- Formal surveying and registration of land parcels are essential components prior to designation.
- The proclamation includes technical descriptions to avoid disputes and to ensure transparency in territory delineation.
No Mention of Penalties
- The provided document does not specify penalties or sanctions related to violations of the proclamation or RA No. 7916 within this zone.
- Enforcement and penalties would be governed by RA No. 7916 and related laws generally applicable to economic zones.