Funds for Reforestation and Afforestation

Funds collected shall be used exclusively for reforestation and afforestation projects.
Target areas include watersheds, denuded areas, cogon and open lands within forest reserves, communal forests, national parks, timber lands, sand dunes, and other public forest lands.
The purposes include establishing forest cover, promoting economic tree growth (timber, tannin, oils, gums, medicinal plants), watershed protection, prevention of erosion and floods.
Expenses covered also include planning, cost estimation, reconnaissance surveys, and other necessary activities.
Proceeds from sale of barks, medicinal plants, and other plantation products also contribute to the fund.
The fund is managed by the Director of Forestry with approval from the Secretary of Agriculture and Commerce.
Provincial and city treasurers and their deputies act as agents for collection.

The Director of Forestry, with the Secretary’s approval, is empowered to promulgate necessary rules and regulations to implement the Act’s objectives.

The Director of Forestry must submit an annual report to the President through the Secretary of Agriculture and Commerce.
Report includes reforested/afforested locations and areas, costs, income from the Act including sales, and any other relevant data.

Entities failing to pay the required charges upon demand incur a fine of at least five hundred pesos plus a surcharge of 25% of the amount due.
Non-payment within 60 days may lead to license cancellation and forfeiture of bond deposit.