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Philippine Bar review · Question

Practice question: Nature

Multiple Choice Easy

Practice question

Under Section 99, what follows when the National Treasurer makes payment in accordance with the Assurance Fund provisions?
  1. All responsible private parties automatically obtain immunity.
  2. The claimant receives ownership of every other registered property.
  3. The Fund is automatically dissolved.
  4. The government is subrogated to the plaintiff's rights against other parties or securities.
  5. All future land registration becomes free.

Legal references

  • https://lawphil.net/statutes/presdecs/pd1978/pd_1529_1978.html — PD 1529, Section 99.

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