End of toll collection at Lipay Toll Bridge

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EXECUTIVE ORDER NO. 636: End of toll collection at Lipay Toll Bridge

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Title Source: Supreme Court: End of toll collection at Lipay Toll Bridge

Law: Executive Order No. 636

Decision Date: Oct 27, 1953

Executive Order No. 636 terminates toll collection at the Lipay Toll Bridge in Zambales, Philippines, as the total cost of the bridge has been fully recovered, as certified under Act No. 3500.

Financial Recovery and Interest Rate

The total cost recovery includes principal and interest.
Interest rate applicable is five percent per annum.

Certification Process

Recovery and interest are certified pursuant to Act No. 3500, as amended.
Certification authorizes termination of toll collection.

Implementation and Effectivity

The order takes effect upon the Provincial Treasurer of Zambales receiving a copy.
This ensures official acknowledgment and enforcement at the local government level.

Legal Authority and Formality

The order is issued by the President of the Philippines.
Signed by the President and the Acting Executive Secretary, confirming its authenticity and validity.
The issuance date is October 27, 1953, during the eighth year of Philippine Independence.

END