SEC. 2. The provisions of this Act shall be in force for a period of not more than three years from the date of its approval or until such time as foreign exchange shall become available in sufficient amounts to permit holders of exploration concessions to accomplish the minimum work obligations as provided under Articles forty-seven and forty-eight of the Petroleum Act of nineteen hundred forty-nine, whichever period is shorter.
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
CitationRA 2713 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).
