Specific Property Transfers Ordered
- Nayong Pilipino Cultural Park shall be transferred to the 15-hectare PRA property located in ParaAaque City.
- Nayong Pilipino Foundation shall transfer its 15-hectare property in Pasay City to PRA.
Implementation Procedures
- The Registers of Deeds for ParaAaque and Pasay Cities are mandated to immediately effect the transfer of titles to complete the property exchange.
Legal Effectivity
- The Executive Order takes effect immediately upon issuance, ensuring swift execution of the transfers.
Presidential Authority and Formalities
- The order was issued by the President of the Philippines under legal authority vested by law.
- It was signed by the President and the Executive Secretary in Manila on April 2, 2007, formalizing the directive.