Answer First
Primary Text
Development Planning. - Each application for designation as a TEZ shall be accompanied by a development plan which shall, consistent with principles of economic, socioeconomic development of neighboring communities. cultural and environmentally sustainable development, specifically identify:
(a) Tourism focal points and resources available within the proposed TEZ and adjoining areas;
(b) Features which satisfy the requisites for the designation of a TEZ enumerated under Section 59 of this Act;
(c) Areas for infrastructure development, for investment, and for preservation, as well as the kind of development, nature of investment or sustainable activities allowed within preserved areas, respectively;
(d) Medium - and long - term studies on market trends, and corresponding development strategies for the TEZ;
(e) Studies on the economic impact of development within the TEZ and in surrounding communities;
(f) Studies on the environmental, cultural and social carrying capacity of the TEZ and surrounding communities;
(g) Design plans for structures which incorporate design and sustainability principles from local architecture and the surrounding environment; and
(h) Such other information that the TIEZA may require.
No TEZ shall be designated without a development plan duly approved by the TIEZA and without the approval, by resolution, of the LGU concerned. Any deviation or modification from the development plan shall require the prior authorization of the TIEZA. The TIEZA may cause the suspension of granted incentives and withdrawal of recognition as a TEZ operator. It may likewise impose reasonable fines and penalties upon TEZ operators and responsible persons for any failure to properly implement the approved development plan.
Lands identified as part of a TEZ shall qualify for exemption from the coverage of Republic Act No. 7279, otherwise known as the Urban Development and Housing Act of 1992, and Republic Act No. 6657, otherwise known as the Comprehensive Agrarian Reform Law, subject to rules and regulations to be crafted by the TIEZA, the Housing and Urban Development Coordinating Council and the Department of Agrarian Reform.
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.