An Act to Suspend the Granting of Geological Exploration and Petroleum Drilling Leases under Act Numbered Twenty-Nine Hundred and Thirty-Two
Commonwealth Act No. 433, approved on May 31, 1939, suspends the granting of geological exploration and petroleum drilling leases for a period of five years. This suspension modifies Commonwealth Act No. 351 by adding Section 3-A, which explicitly halts these lease grants under Act No. 2932 and its associated regulations. The law takes effect immediately upon approval.
Law Information
- Reference Number
- Commonwealth Act No. 433
- Date Enacted
- Category
- Statutes
- Subcategory
- Commonwealth Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
May 31, 1939
COMMONWEALTH ACT NO. 433
AN ACT TO SUSPEND THE GRANTING OF GEOLOGICAL EXPLORATION AND PETROLEUM DRILLING LEASES UNDER ACT NUMBERED TWENTY-NINE HUNDRED AND THIRTY-TWO
SECTION 1. Commonwealth Act Numbered Three hundred fifty-one is amended by inserting thereto section 3-A to read as follows:
"SEC. 3-A. The granting of Geological Exploration and Petroleum Drilling Leases under the provisions of Act Numbered Twenty-nine hundred and thirty-two and the rules and regulations promulgated thereunder shall be suspended for five years from the date of the approval of this Act."
SECTION 2. This Act shall take effect upon its approval.
Approved, May 31, 1939.
Cite This Law
An Act to Suspend the Granting of Geological Exploration and Petroleum Drilling Leases under Act Numbered Twenty-Nine Hundred and Thirty-Two, Commonwealth Act No. 433, May 31, 1939 (Philippines)
An Act to Suspend the Granting of Geological Exploration and Petroleum Drilling Leases under Act Numbered Twenty-Nine Hundred and Thirty-Two, Commonwealth Act No. 433 (Phil. 1939)
Related Laws
- Extending the Term of the Petroleum Exploration ConcessionRepublic Act No. 5086 • Jun 17, 1967 • Statutes
- Petroleum Act of 1949Republic Act No. 387 • Jun 18, 1949 • Statutes
- Granting Certain Reliefs to Holders of Exploration ConcessionsRepublic Act No. 2713 • Jun 18, 1960 • Statutes
- An Act to Amend Act Numbered Two Hundred and Seventy-Nine, as Amended by Act Numbered Fifteen Hundred and Three, with Regard to the Manner of Executing Leases of Portions of the San Lazaro Estate, Leases under Act Numbered Nine Hundred and Twenty-Six, and Leases and Deeds Under Act Numbered Eleven Hundred and TwentyAct No. 1525 • Aug 17, 1906 • Statutes
- Amendments to R.A. No. 387 (Petroleum Act of 1949)Republic Act No. 3098 • Jun 17, 1961 • Statutes
- Amending Sec. 18 of R.A. No. 3098 Re: Exploration Work Obligations and Annual Exploration TaxesRepublic Act No. 4442 • Jun 19, 1965 • Statutes
Browse More Statutes
Explore other laws in the Statutes category.
View All StatutesNeed Help Understanding This Law?
Ask our AI assistant to explain provisions, implications, or related laws.
Ask AI About This Law