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Presidential Decrees

Prescribing Certain Standard Conditions For Government Contracts, Concessions, Licenses, Permits, Leases Or Similar Privileges Involving The Exploration, Development Exploitation Or Utiliza

Presidential Decree No. 1585

MALACAÑANG
M a n i l a

PRESIDENTIAL DECREE No. 1585

PRESCRIBING CERTAIN STANDARD CONDITIONS FOR GOVERNMENT CONTRACTS, CONCESSIONS, LICENSES, PERMITS, LEASES OR SIMILAR PRIVILEGES INVOLVING THE EXPLORATION, DEVELOPMENT EXPLOITATION OR UTILIZATION OF NATURAL RESOURCES

WHEREAS, there is a need to ensure that the development, exploration and utilization of the natural resources of the country shall contribute to its overall development and that the benefits thereof shall accrue to and enhance the general welfare of the Filipino people;

WHEREAS, in order to attain the above objective, it is necessary that all contracts entered into, concessions, licenses, permits, leases or similar privileges granted or issued by any government agency or instrumentality for the exploration, development exploitation or utilization of any of the natural resources of the country should contain provisions that shall guarantee close administrative supervision and control over their implementation;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines by virtue of the powers vested in me by the Constitution, do hereby order and decree the following:

Section 1. All contracts entered...

Summary of Presidential Decree No. 1585

Objective:
- To ensure that the development, exploration, and utilization of natural resources contribute to the country's overall development and benefit the general welfare of the Filipino people.

Provisions:
Section 1:
- All contracts, concessions, licenses, permits, leases, or similar privileges granted by the government for the exploration, development, exploitation, or utilization of natural resources shall contain the following conditions:
• The President may review, amend, modify, revise, rescind, or revoke any such contract, concession, license, permit, lease, or similar privilege, or any condition or provision therein, when the national interest so requires. (Section 1(a))
• Upon the recommendation of the concerned government agency, the President may summarily suspend and order the cessation of all activities and operations under the contract, concession, license, permit, lease, or similar privilege for violation of any prescribed rules and regulations, pending the conduct of an appropriate hearing. (Section 1(b))

Section 2:
- All laws, decrees, orders, administrative issuances, rules, and regulations inconsistent with this Decree are hereby repealed or modified accordingly.

Section 3:
- This Decree shall take effect upon its approval.

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