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Primary Text
Entitlement to Monetary Compensation. - Any owner of a residential, cultural, commercial structures, and other properties in Marawi's MAA or OAA qualified under this Act shall receive compensation from the State, free of tax, as herein prescribed: Provided, That in case the claim is for a property covered by insurance, the compensation receivable under this Act shall only be the extent not covered by insurance: Provided, further, That for the deceased owner of said properties, the legal heirs as provided for in the Code of Muslim Personal Laws of the Philippines or the Civil Code of the Philippines, whichever is applicable, or such other person named by the executor or administrator of the deceased owner's estate in that order, shall be entitled to receive such compensation: Provided, furthermore, That no special power of attorney shall be recognized in the actual disbursement of the award, and only the owner or the aforesaid successor(s)-in-interest shall be entitled to personally receive said compensation from the Marawi Compensation Board, unless the owner involved is shown to be incapacitated to the satisfaction of the Marawi Compensation Board: Provided, finally, That the compensation received under this Act shall be considered as a complete satisfaction of the loss or destruction of the properties sustained by the owner thereof, unless Congress provides for additional monetary compensation to the said owner(s).
The heirs of those who died and legally presumed dead are also entitled to compensation in accordance with the requirements under this Act, its implementing rules and regulations, and other applicable laws, rules and regulations.
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