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 All Acts or parts of Acts inconsistent herewith are hereby repealed.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
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