Title
Amends fees for guano extraction permits
Law
Presidential Decree No. 455
Decision Date
May 14, 1974
Amendment to Presidential Decree No. 412 encourages the development of guano resources in the Philippines by adjusting fees for the removal of guano, with a portion of the fees allocated to provinces, municipalities, and cities.
A

Purpose and Justification for the Amendment

  • The amendment aims to further encourage the development of guano resources.
  • This development is intended to alleviate fertilizer shortages and boost agricultural productivity.
  • Recommendations for the amendment came from the Director of Mines and the Executive Director of the Fertilizer Industry Authority.

Repeal and Modification of Conflicting Laws

  • All laws, decrees, orders, rules, and regulations or parts thereof inconsistent with this amendment are repealed or modified accordingly.

Effectivity Clause

  • This Decree takes effect immediately upon its promulgation.

Authority and Formalities

  • The Decree was issued by the President of the Philippines under constitutional powers.
  • It was signed in Manila on May 14, 1974.
  • The Executive Secretary also countersigned the Decree.

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