ACT NO. 4062 - AN ACT TO RESERVE TO
THE PHILIPPINE LEGISLATURE THE DISPOSITION OF THE WATERS OF THE PUBLIC
DOMAIN FOR THE UTILIZATION AND DEVELOPMENT OF HYDRAULIC POWER |
Section 1. Except by special franchise approved by the
Philippine Legislature, no hydraulic power rights or franchises shall
be granted on waters of the public domain to private persons,
associations or corporations, such rights being reserved exclusively
for Government which may utilize, develop, or otherwise dispose of same
for the benefit of the public: Provided, however, That hydraulic power
to be developed for private or domestic use and not for sale to the
public and franchises or rights acquired prior to the approval of this
Act shall be excepted from the provisions hereof: Provided, further,
That nothing in this Act shall be understood as prohibiting or
restricting the use for irrigation purposes in accordance with law, of
such streams as may not be considered, in the opinion of the Secretary
of Public Works and Communications, appropriate or necessary for the
development of hydraulic power for public use. Sec. 2. All Acts or parts of Acts inconsistent herewith are hereby repealed. Sec. 3. This Act shall take effect on its approval. APPROVED, March 1, 1933. |