Standard Conditions for Natural Resource Contracts

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PRESIDENTIAL DECREE NO. 1585: Standard Conditions for Natural Resource Contracts

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Title Supreme Court: Standard Conditions for Natural Resource Contracts

Law: Presidential Decree No. 1585

Decision Date: Jun 11, 1978

A 1978 Philippine law grants the President the power to review and modify contracts related to the exploration and utilization of natural resources in order to align them with the country's development goals, while also allowing for the suspension of activities in case of violations.

government contracts

exploration

natural resources

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