SEC. 8. Section thirty-five of the same Act is hereby amended to read as follows:
"SEC. 35. The Director of Lands shall announce the lease of lands under this chapter by publishing the proper notice once a week for six consecutive weeks in the Official Gazette and in two newspapers, one published in Manila and the other published in the municipality or in the province where the land is located, or in a neighboring province, and the same notice shall be posted on the bulletin board of the Bureau of Lands in Manila, and in the most conspicuous place in the provincial building and the municipal building of the province and municipality where the land is located, and if practicable, on the land itself; but if the value of the land does not exceed two hundred and forty pesos, the publication in the Official Gazette and newspapers may be omitted. The notices shall be published one in English and the other in Spanish or in the local dialect, and shall fix a date not earlier than sixty days after the date of the notice, upon which the land will be awarded to the highest bidder, or public bids will be called for, or other action will be taken as provided in this chapter.
"All bids must be sealed and addressed to the Director of Lands and must have enclosed therewith cash or a certified check or post-office money order payable to the order of the Director of Lands, for a sum equivalent to the rental for the first three months of the lease: Provided, That no bid shall be considered in which the proposed annual rental is less than three per centum of the value of the land according to the appraisal or reappraisal thereof made in conformity with section one hundred and fourteen of Act numbered Twenty-eight hundred and seventy-four.
"Upon the opening of the bids the land shall be awarded to the highest bidder. If there are two or more bids which are higher than the others and equal, and one of such higher and equal bids is the bid of the applicant, his bid shall be accepted. If, however, the bid of the applicant is not one of such equal and higher bids, the Director of Lands shall at once submit the land for public bidding, and to the person making the highest bid on such public auction the land shall be awarded. In any case the applicant, if any, shall always have the option of raising his bid to equal that of the highest bidder, and in this case the land shall be awarded to him. No bid received at such public auction shall be accepted until the bidder shall have deposited the rental for the first three months of the lease."