Integrated Protected Area Fund of the Mt. Malindang Natural Park.
Section 15
SEC. 15. Integrated Protected Area Fund of the Mt. Malindang Natural Park. — the Integrated Protected Area Fund (IPAF) shall be established as a special trust fund and shall be disbursed solely for the protection, maintenance, administration and management of Mt. Malindang Natural Park and the System. At least seventy-five percent (75%) of the funds collected shall form part of Mt. Malindang Natural Park Subfund which shall be solely disbursed for its use. The Mt. Malindang Natural Park Subfund shall likewise be exempted from being deposited in the National treasury and shall be made readily available for disbursement upon proper approval of Mt. Malindang Natural Park and the PAMB, subject to the usual accounting and auditing rules and regulations. The following shall constitute part of the Integrated Protected Area Funds and shall be subject to the PAMB acted policy the moment they accrue. (1) Proceeds from special land use and resource utilization from commercially used ancestral domain, as may be set by the PAMB; (2) Fees derived from permitted collection of wild flora and fauna and other resources within the protected area as may be set by the Department and the PAMB; (3) Fees from industries and facilities directly benefiting from the protected area; (4) Fines and fees, including protected area entry visitors'/users', as maybe imposed and collected from the operation of the protected area and set by the PAMB; (5) Contributions, donations, endowments and grants from any legal source intended for the operation of the protected area. All donations, contributions, endowments and grants to Mt. Malindang Natural Park shall accrue in toto to its protected area subfund. The local government unit shall continue to impose and collect all other fees not enumerated herein which it has usually collected such as, but not limited to, business permits, property taxes and rentals of local government unit facilities. Furthermore, local government units may charge add-ons to fees imposed by the PAMB: Provided, That such add-ons shall be determined based on the contribution of the local government unit in the maintenance and protection of the protected area.