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RA 387 Article 82

RA 387 Article 82

Renunciation of Refining Concession.

Article 82

ART. 82. Renunciation of Refining Concession.—Any Refining Concession may be renounced at any time, except when the undertaking to build a refinery is imposed upon an Exploitation Concessionaire under the provisions of articles nineteen and eighty-one of this Act, in which case, the renunciation shall be subject to the prior written approval of the Secretary of Agriculture and Natural Resources. Renunciation extinguishes all rights granted by the concession, but does not relieve the concessionaire from making any Payments due to the Government.

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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 ↗ · Data as of July 4, 2026

CitationRA 387 Article 82 (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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