This case has been cited 2 times or more.
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2011-04-04 |
DEL CASTILLO, J. |
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| This Petition for Review on Certiorari[1] under Rule 45 of the Rules of Court assails the July 14, 2005 Decision[2] and the February 14, 2006 Resolution[3] of the Court of Appeals (CA) in CA G.R. CV No. 61798. | |||||
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2008-09-16 |
NACHURA, J. |
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| IFMA No. R-9-040 is a license agreement under Presidential Decree (P.D.) No. 705 (Revised Forestry Code), the law which is the very basis for its existence.[26] Under Section 3, paragraph (dd) thereof, a license agreement is defined as "a privilege[27] granted by the State to a person to utilize forest resources within any forest land with the right of possession and occupation thereof to the exclusion of others, except the government, but with the corresponding obligation to develop, protect and rehabilitate the same in accordance with the terms and conditions set forth in said agreement." This is evident in the following features, among others, of IFMA No. R-9-040, to wit: The State agreed to devolve to the holder of IFMA No. R-9-040 the responsibility to manage the specified IFMA area for a period of 25 years, specifically until October 14, 2019, which period is automatically renewable for another 25 years thereafter; | |||||