Republic Act No. 10629

Fifteenth Congress

Third Regular Session

Begun and held in Metro Manila, on Monday, the twenty-third day of July, two thousand twelve.

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 , OTHERWISE KNOWN AS THE "NATIONAL INTEGRATED PROTECTED AREAS SYSTEM ACT OF 1992″

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

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:

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rules and regulations inconsistent herewith or contrary to the provisions of this Act are deemed amended, modified or repealed accordingly.

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,

This Act which originated in the House of Representatives was finally passed by the House of Representatives and the Senate on May 21, 2012 and June 5, 2013, respectively.

Approved: SEP 26 2013

(Sgd.) BENIGNO S. AQUINO III
President of the Philippines