HB 474

An Act Amending Sections 27 and 71 of Republic Act No. 6657, Otherwise Known as the Comprehensive Agrarian Reform Law of 1998 Thereby Lifting the Restriction on the Right of Farmer-Beneficiaries to Mortgage And/Or Encumber the Lands Awarded to Them Under the Comprehensive Agrarian Reform Program and Allowing the Submission of the Certificate of Land Ownership Award as Sufficient Collateral for Loans Entered into with Banks And/Or Financial Intermediaries