Expenditure Required.
Section 24
SEC. 24. Expenditure Required. - A claim owner under this Decree and under the Mining Act (Commonwealth Act No. 137) as amended, shall perform annual work obligations on his mining claim, the value of which shall not be less than the following amounts: Before the lease contract is granted, per hectare per calendar year ..............................P 20.00 After the lease contract is granted, per hectare per calendar year ............................... P100.00 A holder of a patentable claim shall before the grant of the patent applied for, perform annual work obligations on his mining claim, the value of which shall not be less than two hundred fifty pesos (P250.00) per hectare per calendar year. The annual work obligations for each mining claim shall start with the calendar year immediately following the date of recording of such mining claim, and in the case of patentable and other claims the annual work obligations shall start with the calendar year following the date of the approval of this Decree.