Article 72
ART. 72. Term of Exploitation Concession.-—The term of an Exploitation Concession shall not exceed twenty-five years counted from the date of its issuance, renewable for another twenty-five years at the option of and upon application of the concessionaire made prior to the expiration of the original term.
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Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).