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PRESIDENTIAL DECREE NO. 1585
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PRESIDENTIAL DECREE NO. 1585 -
PRESCRIBING CERTAIN STANDARD CONDITIONS FOR GOVERNMENT CONTRACTS,
CONCESSIONS, LICENSES, PERMITS, LEASES OR SIMILAR PRIVILEGES INVOLVING
THE EXPLORATION, DEVELOPMENT EXPLOITATION OR UTILIZATION OF NATURAL
RESOURCES
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WHEREAS,
there is a need to ensure that the development, exploration and
utilization of the natural resources of the country shall contribute to
its overall development and that the benefits thereof shall accrue to
and enhance the general welfare of the Filipino people; chanroblesvirtualawlibrary
WHEREAS, in order to attain the above objective, it is necessary that
all contracts entered into, concessions, licenses, permits, leases or
similar privileges granted or issued by any government agency or
instrumentality for the exploration, development exploitation or
utilization of any of the natural resources of the country should
contain provisions that shall guarantee close administrative
supervision and control over their implementation.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines by
virtue of the powers vested in me by the Constitution, do hereby order
and decree the following:cralaw:red
Section 1. All contracts entered into and all
concessions, licenses, permits, leases and similar privileges granted
or issued by any agency or instrumentality of the government involving
the exploration, development, exploitation or utilization of any of the
natural resources of the country shall contain the following conditions
as integral parts thereof; chanroblesvirtualawlibrary
a. that when the national interest so requires, the
President of the Philippines may review, amend, modify, revise, rescind
or revoke any such contract, concession, license, permit lease or
similar privilege or any condition or provision therein;chanroblesvirtualawlibrary
b. that, upon the recommendation of the government
agency or instrumentality concerned with the administration of any such
contract, concession, license, permit, lease or similar privilege, the
President may, pending the conduct of appropriate hearing, summarily
suspend and order the cessation of all activities and operations under
the contract, concession, license, permit, lease or similar privilege
for violation of any condition prescribed in duly issued rules and
regulations of the administering government agency or instrumentality.
Section 2. All laws, decrees, orders, administrative
issuances, rules and regulations inconsistent herewith are hereby
repealed or accordingly modified.
Section 3. This Decree shall take effect upon its
approval.
DONE in the City of Manila,
this 11th day of June, in the year of Our Lord, nineteen hundred and
seventy-eight.
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