Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Republic Act No. 10629 providing for financial aspects of the Integrated Protected Areas Fund (IPAF) of Republic Act No. 7586.

Country/Territory
Philippines
Document type
Legislation
Date
2013
Source
FAO, FAOLEX
Subject
Wild species & ecosystems
Keyword
Protected area Legal proceedings/administrative proceedings Environmental fees/charges Special fund Tax/levy
Geographical area
Asia, Asia and the Pacific, East Asian Seas, North Pacific, South-Eastern Asia
Entry into force notes
This Act shall take effect fifteen (15) days after its publication in the Official Gazette.
Abstract

This Republic Act provides for the retention by the Protected Area Management Board of 75% of the revenues accruing to the Integrated Protected Areas Fund (IPAF), established by Section 16 of Republic Act No. 7586, otherwise known as the “National Integrated Protected Areas System Act of 1992″. Amended Section establishes a trust fund to be known as Integrated Protected Areas Fund (IPAF) for purposes of financing projects of the System. “All incomes generated from the operation of the System or management of wild flora and fauna shall accrue to the Fund subject to the retention by the Board of each protected area, of seventy-five percent (75%) of all the revenue raised therefrom. These incomes shall be derived from: a) taxes from the permitted sale and export of flora and fauna and other resources from protected areas; b) proceeds from lease of multiple-use areas; c) contributions from industries and facilities directly benefiting from the protected area; and d) such other fees and incomes derived from the operation of the protected area.

Full text
English
Website
www.lawlibrary.chanrobles.com

References - Legislation

Amends

National Integrated Protected Areas System Act 1992 (Republic Act No. 7586 of 1992).

Legislation | Philippines | 1992

Keyword: Ecosystem preservation, Sustainable development, Traditional rights/customary rights, Community management, Indigenous peoples, Basic legislation, Biodiversity, Protected area, EIA, Endangered species, Protection of species

Source: FAO, FAOLEX