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Act No. 2975 Section 3

Act No. 2975 Section 3

Section 3

SEC. 3. Upon compliance with the formalities prescribed in this Act, the Secretary of Agriculture and Natural Resources shall grant the lease applied for in accordance with the existing Public Land Law, and the petioning corporation shall then be authorized to hold the land applied for as lessee thereof for a period of time deemed just and equitable by said Secretary to compensate it for the investments made for improvements thereon, which period shall in no case exceed that fixed for leases in said Public Land Law.

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Other provisions in Act No. 2975

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

CitationAct No. 2975 Section 3 (LawPlayer, data as of July 4, 2026)

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

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