Section 1
SECTION 1. Section two hundred and sixty-five of Commonwealth Act Numbered Four hundred sixty-six, known as the National Internal Revenue Code, is hereby amended to read as follows: "SEC. 265. Charges on firewood cut in public forests.— On firewood cut in the forests and forest reserves, the following charges shall be collected: On bacauan, langaray, pototan and tañgal, per cubic meter, forty centavos. On other woods, per cubic meter, twenty centavos. Only third or fourth-group wood can be taken for firewood. However, at the discretion of the Director of Forestry, first and second-group woods may be removed or firewood purposes from land which is more valuable for agricultural than for forest purposes."