REPUBLIC ACT NO. 748 - AN ACT PROVIDING FOR THE SHARE OF MUNICIPALITIES IN THE FEES COLLECTED FROM THE EXTRACTION OR REMOVAL OF STONE, GRAVEL, SAND, EARTH AND OTHER MATERIALS FROM PUBLIC AND PRIVATE LANDS OF THE GOVERNMENT OR FROM THE BEDS OF SEAS, LAKES, RIVERS, STREAMS, CREEKS AND OTHER PUBLIC WATERS WITHIN THE JURISDICTION OF THE SAID MUNICIPALITY, AND FOR OTHER PURPOSES.

[ REPUBLIC ACT NO. 748, June 18, 1952 ]

AN ACT PROVIDING FOR THE SHARE OF MUNICIPALITIES IN THE FEES COLLECTED FROM THE EXTRACTION OR REMOVAL OF STONE, GRAVEL, SAND, EARTH AND OTHER MATERIALS FROM PUBLIC AND PRIVATE LANDS OF THE GOVERNMENT OR FROM THE BEDS OF SEAS, LAKES, RIVERS, STREAMS, CREEKS AND OTHER PUBLIC WATERS WITHIN THE JURISDICTION OF THE SAID MUNICIPALITY, AND FOR OTHER PURPOSES.

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

SECTION 1. Any provision of law to the contrary notwithstanding, any municipality shall be entitled to share, in an amount not less than twenty per centum , same to be determined by the Provincial Board of the province concerned, in the fees collected from stone, sand, gravel, earth and other materials extracted or removed from public and private lands of the Government or from the beds of seas, lakes, rivers, streams, creeks and other public waters, as provided in Act Numbered Three thousand eight hundred fifty-two, within the territorial jurisdiction of the said municipality: Provided, That such share of the municipality concerned shall only be spent for the construction, repair and/or maintenance of the municipal roads and bridges within the said municipality.

SEC. 2. This Act shall take effect upon its approval.

Approved, June 18, 1952.