Question & AnswerQ&A (PRESIDENTIAL DECREE NO. 1585)
The main objective is to ensure that the development, exploration, and utilization of the natural resources of the Philippines contribute to the country's overall development and that the benefits thereof enhance the general welfare of the Filipino people.
It covers all contracts, concessions, licenses, permits, leases, or similar privileges granted or issued by any government agency or instrumentality involving the exploration, development, exploitation, or utilization of any natural resources of the Philippines.
The President may review, amend, modify, revise, rescind, or revoke any such contract, concession, license, permit, lease, or similar privilege or any condition or provision therein when the national interest so requires.
Upon recommendation of the concerned government agency, the President may summarily suspend and order the cessation of all activities and operations under the contract, concession, license, permit, lease, or similar privilege pending the conduct of an appropriate hearing for violations.
Yes, they must contain provisions that guarantee close administrative supervision and control over their implementation.
All inconsistent laws, decrees, orders, administrative issuances, rules, and regulations are repealed or accordingly modified.
It took effect upon its approval on June 11, 1978.
Violation of any condition or provision of the contract or of any condition prescribed in duly issued rules and regulations of the administering government agency or instrumentality triggers suspension.
Yes, the President’s suspension action must be upon the recommendation of the government agency or instrumentality concerned with the administration of the contract or privilege.