PRESIDENTIAL DECREE NO. 428, April 01, 1974
AMENDING SECTION 29 OF PRESIDENTIAL DECREE NO. 389, AUTHORIZING THE EXPORTATION OF LOGS BEFORE JANUARY 1, 1976
the exportation of logs effective January 1, 1976, and encouraging the
expansion of wood processing centers and the establishment of new ones,
to process logs for domestic use as well as for exportation; and
WHEREAS, certain economic problems arc expected to arise
concomitant to the implementation of the aforesaid policy, such as the
reduction of foreign exchange earnings from log exports and expected
difficulties on the part of local concessionaires in meeting prior
export commitments;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers in me vested by the Constitution,
do hereby amend Section 29 of Presidential Decree No. 389, as follows:
“SEC. 29. Mandatory Wood Processing Requirements. —
Unless otherwise modified by the President, the exportation of logs cut
from public forests and other forested lands is hereby prohibited
effective January 1, 1976. All log production thereafter shall be
processed domestically.“During calendar years 1974 and 1975, all logging
concessionaires arc authorized to export a maximum of eighty per
centum (80%) of their actual log production.“The Department Head, in consultation with appropriate agencies,
shall accelerate the expansion and rationalization of the wood
processing industry, taking into consideration, whenever feasible, the
report of the Presidential Committee on Wood Industries Development.“A wood processing plant shall purchase logs only from
authorized sources. A licensee who has no processing plant may enter
into a contract with a wood processor for purposes of complying with the
requirements of this Section, subject to approval by the Department
Head upon recommendation of the Director.”
Done in the City of Manila, this 1st day of April, in the year of
Our Lord, nineteen hundred and seventy-four.
(Sgd.) FERDINAND E. MARCOS
President
Republic of the Philippines