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PD 1174 Section 2

PD 1174 Section 2

Section 2

SEC. 2. Section Nine, Third Paragraph, Sub-Paragraph (a) of the same Decree is herevby amended to read as follows: * * * * * * * * * * * * * * * "SEC.9. Obligation of Operator in a Coal Operating Contract.a) On behalf of the Government, reimburse the operator for all operating expenses not exceeding ninety percent (90%) of the gross proceeds from production in any year; Provided,that if in any year, the operating expenses exceed ninety percent (90%) of the gross proceeds from production, then the unrecovered expenses shall be recovered from the operation of succeeding years. Operating expenses mean the total expenditures for coal operation incurred by the operator as provided in a coal operating contract."

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Other provisions in PD 1174

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

CitationPD 1174 Section 2 (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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