An Act Appropriating Funds for the Transfer of the Iwahig Penal Colony and Providing for the Supervision and Sale of the Present Site Thereof

REPUBLIC ACT No. 3682

An Act Appropriating Funds for the Transfer of the Iwahig Penal Colony and Providing for the Supervision and Sale of the Present Site Thereof

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1. The sum of three hundred thousand pesos is hereby appropriated, out of any funds in the National Treasury not otherwise appropriated, for the transfer of the Iwahig Penal Colony to a place which shall be chosen by the Director of Prisons with the approval of the Secretary of Justice. The funds appropriated under this Act shall be released periodically in the following of this Act, one hundred thousand pesos during the fiscal period ending June thirty, nineteen hundred sixty-three, and one hundred thousand pesos during the fiscal period ending June thirty, nineteen hundred sixty-four.

Section 2. The present site of the Iwahig Penal Colony shall be subdivided into small lots, none of which shall exceed twelve hectares, to be sold on equal yearly installments within a period of ten years; Provided, That the buildings thereon shall also be sold but preference shall be given to the purchaser of the land on which such buildings are constructed; Provided, further, That the proceeds from such sale shall be used for the improvement of penal colonies.

Section 3. The Secretary of Justice, with the approval of the President of the Philippines, shall issue such rules and regulations as are necessary to carry out the provisions of this Act.

Section 4. This Act shall take effect upon its approval.

Approved: June 22, 1963.