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AN ACT TO AMEND SECTION TWO HUNDRED AND SIXTY-FIVE OF COMMONWEALTH ACT NUMBERED FOUR HUNDRED AND SIXTY-SIX, KNOWN AS THE NATIONAL INTERNAL REVENUE CODE.
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:SECTION 1. Section two hundred and sixty-five of Commonwealth Act Numbered Four hundred sixty-six, known as the National Internal Revenue Code, is hereby amended to read as follows:
"SEC. 265. Charges on firewood cut in public forests.— On firewood cut in the forests and forest reserves, the following charges shall be collected:
On bacauan, langaray, pototan and tañgal, per cubic meter, forty centavos.On other woods, per cubic meter, twenty centavos.Only third or fourth-group wood can be taken for firewood. However, at the discretion of the Director of Forestry, first and second-group woods may be removed or firewood purposes from land which is more valuable for agricultural than for forest purposes."
Source: Supreme Court E-Library