9 property has been identified as national cultural treasures andior national historical landmarks, sites or monuments; and (d) In times of armed conflict, natural disasters and other exceptional events that endanger the cultural heritage of the country, all national cultural treasures or natlOnal historical landmarks, sites or monuments shall be given priority protection by the government. All cultural properties declared as important cultural property may also receive government funding for its protection, conservation and restoration. An official heritage marker shall likewise be placed on an immovable cultural property to identify the same as important cultural property. SEC. 8. Procedure for Declaration, or Delisting of National Cultural Treasures or Important Cultural Property. - The procedure in declaring as well as in delisting a national cultural property or an important cultural property shall be ail follows: (a) A declaration or a delisting of a cultural property as a national cultural treasure or an important cultural property shall commence upon tbe fIling of a petition by the owner, stakeholder or any interested person, with the Commission, which shall refer the matter to the appropriate cultural agency; (b) Upon verification of the suitability of the property as 'a national cultural treasure or an important cultural property, the cultural agency concerned shall send notice of hearing to the owner and stakeholders. Stakeholders including, but not limited to, local government units, local culture and arts council, local tourjsm councils, nongovernment conservation organizations, and schools, may be allowed to file their support or opposition to the petition; (c) The owner andlor other stakeholders shall file their position paper within fifteen (15) days from receipt of the notice of hearing, furnishing all the parties, including the appropriate cultural agency, with such position paper. Extensions may be allowed, but in no case shall it exceed, more than thirty (30) days;