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PD 463 Section 55

Unpaid Rentals and Royalties.

Section 55

SEC. 55. Unpaid Rentals and Royalties. - If a mining lease contract is cancelled or otherwise terminated, the lessee shall be liable for all unpaid rentals and royalties due up to the time of the termination or cancellation of the lease.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

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

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