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ERIKA A.

RAFAEL
TTH 7:30 - 9:00 AM

P.D No. 27 CAR P/ R.A 6657

Coverage Tenanted rice and corn lands Public and private agricultural
lands

Exemption If the the land is not devoted to Lands actually, directly and
rice or corn crops exclusively used and found to be
and not a system of share-crop necessary for parks, wildlife,
or lease-tenancy obtaining forest reserves, reforestation,
therein, the landowner may apply fish sanctuaries and breeding
for exemption. grounds, watersheds, and
mangroves, national defense,
school sites and campuses
including experimental farm
stations operated by public or
private schools for educational
purposes, seeds and seedlings
research and pilot production
centers, church sites and
convents appurtenant thereto,
mosque sites and Islamic
centers appurtenant thereto,
communal burial grounds and
cemeteries, penal colonies and
penal farms actually worked by
the inmates, government and
private research and quarantine
centers and all lands with
eighteen percent (18%) slope
and over, except those already
developed shall be exempt from
the coverage of the Act.

Retention (5) hectares if not irrigated and Farmers and farmworkers who
three (3) hectares if irrigated are landless, irrespective of
tenurial arrangement. Maximum
of (3) hectares of agricultural
land.

Duration of Payment (15) years of fifteen (15) equal (30) annual amortizations at six
annual amortizations percent (6%) interest per annum.
Factor of Computation the value of the land shall be (a) For lands above — Twenty-
equivalent to two and one-half (2 five percent fifty (50) hectares,
1/2) times the average harvest of insofar (25%) cash, the balance
three normal crop years to as the excess hectarage is be
paid in government concerned.
(b) For lands above — Thirty
percent (30%) cash, twenty-four
(24) hectares the balance to be
paid in and up to fifty (50)
hectares.
(c) For lands twenty-four —
Thirty-five percent (35%) (24)
hectares and below. cash, the
balance to be paid in
government financial instruments
negotiable at any time.

Financing Institutions Agrarian Reform Fund Agrarian Reform Fund

Conditions of Ownership Title to the shall not be The agricultural land must not be
transferable except by hereditary converted into any
succession or to the Government nonagricultural use.
in accordance with the provisions
of this Decree.

Requirements of Issuance of The tenant must be a full-fledged He/she must be at least fifteen
Land Title member of a duly recognized (15) years of age; and (2) that
farmer's cooperative. he/she is actually tilling the land
or directly managing the farm.

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