Manila, Sept. 23 -- President Ferdinand R. Marcos Jr. has signed into law Republic Act (RA) 12289, or the Accelerated and Reformed Right-of-Way (ARROW) Act, which aims to expedite and ensure fairness in the government's acquisition of land for infrastructure projects while providing proper compensation to landowners and affected families.
Signed into law on Sept. 12, RA 12289 introduced amendments to several sections of RA 10752, or the Right-of-Way Act of 2016, as well as inserted new sections.
The ARROW Act defines national government projects and private entities providing public services, as well as the rules on negotiated sales.
The law provides that the appropriate price offer shall be based on the valuation system and schedule o...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.