Republic Act authorizing the sale of marshy lands or lands under water bordering on shores or banks of navigable lakes or rivers (No. 293).

The provisions of section 61 of Commonwealth Act No. 141 to the contrary notwithstanding, marshy lands, and lands underwater bordering on shores or banks of navigable lakes or rivers which are covered by subsisting leases or leases which may hereafter be duly granted under the provisions of the said Act and are already improved and have been utilised for farming, fishpond, or similar purposes for at least five years from the date of the contract of the lease, may be sold to the lessees thereof under the provisions of Chapter 5 of the said Act as soon as the President, upon recommendation of the Secretary of Agriculture and Natural Resources, shall declare that the same are not necessary for the public service. Act No. 141 is amended accordingly. A provision is introduced in that Act, which requires the purchaser to make improvements of a permanent character appropriate for the purpose for which the land is purchased.