Approval Required for Nat'l Gov't Property Sales

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EXECUTIVE ORDER NO. 103: Approval Required for Nat'l Gov't Property Sales

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Title Supreme Court: Approval Required for Nat'l Gov't Property Sales

Law: Executive Order No. 103

Decision Date: Nov 20, 1967

Executive Order No. 103, issued by President Ferdinand Marcos, regulates the sale or lease of government-owned properties in the Philippines, requiring prior approval from the Office of the President, except for lands sold or leased under the Public Land Act, in order to maintain transparency and accountability in the process.

national government

A

Requirement for Advertisement or Bidding

Properties can only be advertised or put up for bidding for sale or lease following an official process.

Approval Process

Prior approval must be obtained from the Office of the President before any advertisement or bidding.
This ensures centralized control and oversight by the highest executive authority.

Purpose and Implications

The order aims to regulate and monitor the disposal or lease of government-owned properties effectively.
Helps in maintaining transparency and preventing unauthorized disposition of national assets.

Legal Authority

Issued under the lawful powers vested in the President of the Philippines as of November 20, 1967.

Effectivity

The order took effect immediately upon signing by the President in Manila, on the specified date.

Enforcement

The Executive Secretary is designated to implement and enforce the order as a representative of the President.

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