Restriction upon letting of fishery to private party.
Section 69
SEC. 69. Restriction upon letting of fishery to private party.—When the privilege to erect fish corrals or operate fishponds is granted to a private party as herein above authorized, the same shall be let to the highest bidder for the period of not to exceed five years, or upon the previous approval of the provincial board, for a longer period not exceeding twenty years, under such conditions as shall be prescribed by the Secretary of Agriculture and Natural Resources.