Full Title
AN ACT EXTENDING THE EFFECTIVITY OF BATAS PAMBANSA BLG. 0877, ENTITLED "AN ACT PROVIDING FOR THE STABILIZATION AND REGULATION OF RENTALS OF CERTAIN RESIDENTIAL UNITS AND FOR OTHER PURPOSES" FOR ANOTHER THREE YEARS, AMENDING THEREBY SECTION ONE OF REPUBLIC ACT NUMBERED SIXTY-SIX HUNDRED AND FORTY-THREE.
Congress
8th Congress of the Republic
Senate Bill No.
S. No. 1262
Legislative History
Request for e-copy
Date of Approval
December 29, 1989

Other Details

Issuance Category
Legislative Issuance
Legislative Issuance Type
Republic Act
Bill Note
Senate Bill Only
Subjects
BATAS PAMBANSA BLG. 0877 -- AMENDMENTS AND REPEALS
RENTAL LAW -- AMENDMENTS AND REPEALS
REPUBLIC ACT NO. 6643 -- AMENDMENTS AND REPEALS

Official Gazette

Official Gazette Source
Official Gazette vol. 86 no. 4 page 685 (1/22/1990)

Full Text of Issuance

S. No. 1262 / 86 OG No. 4, 685 (Jan. 22, 1990) ; Standard 1/4/90 ; Malaya 1/4/90 ; 1VLD 127 2d

[ REPUBLIC ACT NO. 6828, December 30, 1989 ]

AN ACT EXTENDING THE EFFECTIVITY OF BATAS PAMBANSA BLG. 877 ENTITLED "AN ACT PROVIDING FOR THE STABILIZATION AND REGULATION OF RENTALS OF CERTAIN RESIDENTIAL UNITS AND FOR OTHER PURPOSES" FOR ANOTHER THREE YEARS, AMENDING THEREBY SECTION ONE OF REPUBLIC ACT NUMBERED SIXTY-SIX HUNDRED AND FORTY-THREE

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:SECTION 1. The effectivity of Batas Pambansa Blg. 877, entitled "An Act Providing for the Stabilization and Regulation of Rentals of Certain Residential Units and For Other Purposes," is hereby extended for three (3) years for the period January 1, 1990 to December 31, 1992: Provided, That the allowable maximum increase for the three-year period shall not be more than the rates herein provided:

Period             Maximum Increase
   
January 1, 1990-December 31, 1990         Twenty percent (20%)
January 1, 1991-December 31, 1991         Twenty percent (20%)
January 1, 1992-December 31, 1992         Twenty percent (20%)

Provided, further, That the basis for the maximum increase herein authorized for the three-year period shall be the actual monthly rental as of December 31, 1989: Provided, finally, That the increases authorized herein shall be cumulative and compounded.SEC. 2. This Act shall take effect on January 1, 1990 following its publication in at least two (2) national newspapers of general circulation.

(Sgd.) JOVITO R. SALONGA (Sgd.) RAMON V. MITRA
President of the Senate Speaker of the House of Representatives

This Act which originated in the Senate was finally passed by the Senate and the House of Representatives on December 21, 1989 and December 20, 1989, respectively.

(Sgd.) EDWIN P. ACOBA (Sgd.) QUIRINO D. ABAD SANTOS, JR.
Secretary of the Senate Secretary of the House of Representatives

  Approved: December 30, 1989(Sgd.) CORAZON C. AQUINO President of the Philippines

Source: Supreme Court E-Library

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