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Commonwealth Act No. 553 (CA 553) — 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.

Commonwealth Act No. 553 (CA 553) — 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.

Commonwealth Act No. 553 · Commonwealth Act · Approved May 26, 1940 · 2 sections

Data as of July 4, 2026 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

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.

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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