Penal Provisions and Penalties
- Violators of this law are subject to penalties that may include:
- A fine ranging from five hundred pesos to one thousand pesos.
- Imprisonment from six months to one year.
- The court has the discretion to impose either or both penalties.
Effective Date
- The Act takes effect immediately upon its approval.
Legal Implications
- The law ensures compliance with constitutional restrictions regarding ownership and possession of land in the Philippines.
- It serves to prevent unauthorized acquisition of private agricultural lands by disqualified entities as defined by the Constitution.
- It emphasizes accountability by penalizing not only direct transferors but also those who cooperate or assist in such acts.