A
collection of Philippine laws, statutes and codes
not
included or cited in the main
indices
of
the
Chan Robles Virtual Law Library
PRESIDENTIAL DECREE NO. 455
|
PRESIDENTIAL DECREE NO. 455 -
AMENDING FURTHER PRESIDENTIAL DECREE NO. 412 PROVIDING FOR THE
DISPOSITION, DEVELOPMENT AND UTILIZATION OF GUANO DEPOSITS FOR
FERTILIZER PURPOSES
|
chanroblesvirtualawlibrary
WHEREAS, it
is necessary to further encourage the development of guano resources to
help alleviate the fertilizer shortage and boost agricultural
production;chanroblesvirtualawlibrary
WHEREAS, the amendment of a certain provision of Presidential Decree
No. 412, providing for the disposition, development and utilization of
guano deposits for fertilizer purposes has been strongly recommended by
the Director of Mines and Executive Director of the Fertilizer Industry
Authority to further encourage the development of guano
resources; chanroblesvirtualawlibrary
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
decree and order the following:cralaw:red
Section 1. Section 11 of Presidential Decree No. 412
providing for the disposition, development and utilization of guano
deposits for fertilizer purposes is hereby amended to read as follows:cralaw:red
"Sec. 11. Fees. — The permit fee for gratuitous and
commercial permits shall be determined and fixed by the Director of
Mines but the same shall not be more than two centavos (P0.02) per kilo
of guano removed. Fifty per centum (50%) of such fee shall accrue to
the province and fifty per centum (50%) to the municipality from where
the guano is extracted: Provided, That in case of cities the whole
amount shall accrue to the city concerned. chanroblesvirtualawlibrary
Section 2. All laws, decrees, orders, rules and
regulations or part hereof inconsistent with this Decree are hereby
repealed or modified accordingly.
Section 3. This Decree shall take effect immediately.
Done in the City of Manila,
this 14th day of May, in the year of Our Lord, nineteen hundred and
seventy-four.
|
Back
to Home
- Back
to Main
chanroblesvirtuallawlibrary
Since 19.07.98
|
