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Unformatted text preview: who are its real owners. b. NATIONALIST AND CITIZENSHIP REQUIREMENT PROVISIONS Q: What are the Filipinized activities as provided in Article XII of the Constitution? A: 1. Co‐production, joint venture or production sharing agreement for exploration, development and utilization (EDU) of natural resources: POLITICAL LAW TEAM: ADVISER: ATTY. EDWIN REY SANDOVAL; SUBJECT HEAD: RACHEL MARIE L. FELICES; ASST. SUBJECT HEADS: WIVINO E. BRACERO II & HERAZEUS CHRISTINE Y. UY; MEMBERS: LAWRENCE PAULO H. AQUINO, LEANDRO RODEL V. ATIENZA, MARINETH EASTER AN D. AYOS, CARLO R. BALA, WILFREDO T. BONILLA, JR., KEEL ACHERNAR R. DINOY, APRIL V. ENRILE, KENNETH JAMES CARLO C. HIZON, JOSE MARIA G. MENDOZA, ROGER CHRISTOPHER R. REYES, ROMILINDA C. SIBAL, JASMIN M. SISON, ZARAH PATRICIA T. SUAREZ, RALPH JULIOUS L. VILLAMOR. NATIONAL ECONOMY AND PATRIMONY GR: Filipino citizens or entities with 60% capitalization; XPN: For large‐scale EDU of minerals, petroleum and other mineral oils, the President may enter into agreements with foreign‐owned corporations involving technical or financial agreements. Note: These agreements refer to service contracts which involve foreign management and operation provided that the Government shall retain that degree of control sufficient to direct and regulate the affairs of individual enterprises and restrain undesired activities. (La Bugal‐
B’laan Tribal Assoc. v. DENR Secretary,G.R. No. 127882, Dec. 1, 2004) 2. 3. 4. Use and enjoyment of nation’s marine wealth within the territory: Exclusively for Filipino citizens. Alienable lands of the public domain: a. Only Filipino citizens may acquire not more than 12 hectares by purchase, homestead or grant, or lease not more than 500 hectares. b. Private corporations may lease not more than 1000 hectares for 25 years renewable for another 25 years; Certain areas of investment: reserved for Filipino citizens or entities with 60% owned by Filipinos, although Congress may provide for higher percentage;...
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