AN ACT AUTHORIZING THE DISPOSAL AND/OR COMMERCIAL DEVELOPMENT OF CERTAIN MILITARY CAMPS AND RESERVATIONS, CREATING FOR THE PURPOSE THE MILITARY REAL ESTATE DEVELOPMENT AUTHORITY, APPROPRIATING FUNDS THEREFOR, AND FOR OTHER PURPOSES

AN ACT AMENDING REPUBLIC ACT NUMBER 7227 OTHERWISE KNOWN AS THE ‘BASES CONVERSION AND DEVELOPMENT AUTHORITY ACT OF 1991’ AS AMENDED BY THE REPUBLIC ACT NUMBER 7917, EXPANDING THE ALLOCATION OF REVENUES FROM THE SALE, LEASE, JOINT-VENTURE AGREEMENTS AND OTHER TRANSACTION INVOLVING MILITARY BASES AND RESERVATIONS, ALLOCATING FUNDS THEREFOR AND FOR OTHER PURPOSES

AN ACT GRANTING THE BASES CONVERSION DEVELOPMENT AUTHORITY, THE POWER TO ASSIST THE DEPARTMENT OF NATIONAL DEFENSE IN THE CREATION OF NEW MILITARY BASES AND FACILITIES, AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 7227, AS AMENDED BY REPUBLIC ACT NO. 9400, OTHERWISE KNOWN AS THE BASES CONVERSION AND DEVELOPMENT ACT OF 1992