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PCSPC receives Certificate of Ownership of Leasehold RightsPosted on: July 01, 2011 07:24 AM
SUBIC BAY FREEPORT — PCSPC was recently handed its original Certificate of Ownership of Leasehold Rights after successfully completing the registration process. This is in line with SBMA's declared policy that all holders of Lease and Development Agreement and similar contracts with a lease term of six(6) years or more must register with the SBMA Registry Office in order to be issued a certificate. According to its Regulatory Group, the registration shall provide an accurate, systematic, and comprehensive leasehold rights registration and information which shall: