AN ACT TO AUTHORIZE THE PRESIDENT OF THE PHILIPPINES TO PERMIT THE ENTRY BY THE NATIONAL DEVELOPMENT COMPANY OF ALL OR PORTIONS OF RESERVED LANDS OR MINERAL RIGHTS IN LANDS.

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Republic Act

AN ACT TO AUTHORIZE THE PRESIDENT OF THE PHILIPPINES TO PERMIT THE ENTRY BY THE NATIONAL DEVELOPMENT COMPANY OF ALL OR PORTIONS OF RESERVED LANDS OR MINERAL RIGHTS IN LANDS.

Number

Commonwealth Act No. 553

Date of approval

—

Sections

Source

Supreme Court E-Library

View official source

Section 1

SECTION. 1. Any provision of existing laws to the contrary notwithstanding, the President of the Philippines is authorized to permit the entry by the National Development Company, for exploitation, development, and utilization, of all or any portion of reserved mineral or other lands, including petroleum and coal lands, or of mineral rights in lands, under such conditions and limitations as he may fix.

Section 2

SEC. 2. This Act shall take effect upon its approval.

Approved, May 26, 1940.

2 sections

Cite this law

AN ACT TO AUTHORIZE THE PRESIDENT OF THE PHILIPPINES TO PERMIT THE ENTRY BY THE NATIONAL DEVELOPMENT COMPANY OF ALL OR PORTIONS OF RESERVED LANDS OR MINERAL RIGHTS IN LANDS. (Official Gazette). Retrieved via LawPlayer, https://lawplayer.com/ph/act/ca-553

Source: Official Gazette of the Republic of the Philippines — Philippine laws are public documents (works of the government).

No copyright in works of the Government (RA 8293 s.176)

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