Amendment to R.A. No. 7586 (National Integrated Protected Areas System Act of 1992)
Republic Act No. 10629 amends Section 16 of the National Integrated Protected Areas System Act of 1992, allowing the Protected Area Management Board to retain 75% of the revenues generated from the Integrated Protected Areas Fund (IPAF). This fund is established to finance projects related to the management of protected areas and can receive tax-exempt donations and grants. Revenues include taxes from the sale of flora and fauna, proceeds from leases, and contributions from benefiting industries. Disbursements from the fund are strictly for the protection, maintenance, and management of the system, and cannot be used for personal services expenditures. The Act takes effect 15 days after publication.
Quick Answers
- What is Amendment to R.A. No. 7586 (National Integrated Protected Areas System Act of 1992) about?
- Republic Act No. 10629 amends Section 16 of the National Integrated Protected Areas System Act of 1992, allowing the Protected Area Management Board to retain 75% of the revenues generated from the Integrated Protected Areas Fund (IPAF). This fund is established to finance projects related to the management of protected areas and can receive tax-exempt donations and grants. Revenues include taxes from the sale of flora and fauna, proceeds from leases, and contributions from benefiting industries. Disbursements from the fund are strictly for the protection, maintenance, and management of the system, and cannot be used for personal services expenditures. The Act takes effect 15 days after publication.
- What type of law is Republic Act No. 10629?
- Amendment to R.A. No. 7586 (National Integrated Protected Areas System Act of 1992) (Republic Act No. 10629) is a Philippine Statutes enacted by the Congress of the Philippines.
- When was Amendment to R.A. No. 7586 (National Integrated Protected Areas System Act of 1992) enacted?
- Amendment to R.A. No. 7586 (National Integrated Protected Areas System Act of 1992) (Republic Act No. 10629) was enacted on Sep 26, 2013.
- What is the citation for Amendment to R.A. No. 7586 (National Integrated Protected Areas System Act of 1992)?
- Amendment to R.A. No. 7586 (National Integrated Protected Areas System Act of 1992), Republic Act No. 10629, Sep 26, 2013 (Philippines)
Law Information
- Reference Number
- Republic Act No. 10629
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
September 26, 2013
REPUBLIC ACT NO. 10629
AN ACT PROVIDING FOR THE RETENTION BY THE PROTECTED AREA MANAGEMENT BOARD OF SEVENTY-FIVE PERCENT (75%) OF THE REVENUES ACCRUING TO THE INTEGRATED PROTECTED AREAS FUND (IPAF), AMENDING FOR THE PURPOSE SECTION 16 OF REPUBLIC ACT NO. 7586, OTHERWISE KNOWN AS THE "NATIONAL INTEGRATED PROTECTED AREAS SYSTEM ACT OF 1992"
SECTION 1. Amendments to Section 16 of Republic Act No. 7586. — Section 16 of Republic Act No. 7586, otherwise known as the "National Integrated Protected Areas System Act of 1992" is hereby amended to read as follows:
"SEC. 16. Integrated Protected Areas Fund. — There is hereby established a trust fund to be known as Integrated Protected Areas Fund (IPAF) for purposes of financing projects of the System. The IPAF may solicit and receive donations, endowments, and grants in the form of contributions, and such endowments shall be exempted from income or gift taxes and all other taxes, charges or fees imposed by the Government or any political subdivision or instrumentality thereof.
"All incomes generated from the operation of the System or management of wild flora and fauna shall accrue to the Fund subject to the retention by the Board of each protected area, of seventy-five percent (75%) of all the revenue raised therefrom. These incomes shall be derived from:
"(a) Taxes from the permitted sale and export of flora and fauna and other resources from protected areas; SACHcD
"(b) Proceeds from lease of multiple-use areas;
"(c) Contributions from industries and facilities directly benefiting from the protected area; and
"(d) Such other fees and incomes derived from the operation of the protected area.
"The Fund, including all donations, grants, endowments from various sources and other contributions shall be deposited in any government bank within the locality where each protected area is located: Provided, That if there is no government bank available in the locality, an account shall be opened in a government bank nearest to the locality.
"Disbursements from the Fund shall be made solely for the protection, maintenance, administration, and management of the System, and duly approved projects endorsed by the PAMBs, in the amounts authorized by the DENR in accordance with existing accounting, budgeting and auditing rules and regulations: Provided, further, That the Fund shall not be used to cover personal services expenditures."
SECTION 2. Separability Clause. — If any part of this Act is declared invalid or unconstitutional, such declaration shall not affect the other parts of this Act.
SECTION 3. Repealing Clause. — All laws, acts, presidential decrees, executive orders, administrative orders, rules and regulations inconsistent herewith or contrary to the provisions of this Act are deemed amended, modified or repealed accordingly. IEHDAT
SECTION 4. Effectivity Clause. — This Act shall take effect fifteen (15) days after its publication in the Official Gazette or in two (2) newspapers of general circulation.
Approved: September 26, 2013.
Cite This Law
Amendment to R.A. No. 7586 (National Integrated Protected Areas System Act of 1992), Republic Act No. 10629, Sep 26, 2013 (Philippines)
Amendment to R.A. No. 7586 (National Integrated Protected Areas System Act of 1992), Republic Act No. 10629 (Phil. 2013)
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