Department of Environment and Natural Resources issues Department Administrative Order No. 2021-12 on the Automatic Renewal of the Exploration Period of Mining Tenements and the Timely Filing of Declaration of Mining Project Feasibility
The Department of Environment and Natural Resources (“DENR”) recently issued Department Administrative Order No. (“DAO”) 2021-12, covering all exploration permits, mineral production sharing agreements (“MPSAs”), financial or technical assistance agreements (“FTAAs”), and other similar mining tenements under the exploration stage. Under DAO 2021-12, the exploration period under MPSAs and FTAAs (and other similar mining
Read MoreSEC extends submission of forms/notices to comply with SEC MC No. 28, Series of 2020, until 31 August 2021
The Securities and Exchange Commission (“SEC”) in its Notice dated 15 July 2021, has extended the deadline for corporations, partnerships, associations, and individuals to comply with SEC Memorandum Circular No. 28, Series of 2020 (“MC 28-2020”), without penalty, until 31 August 2021. MC 28-2020 requires every entity under the jurisdiction and supervision of the
Read MoreInternal Rules of the Supreme Court amended
On 18 June 2021, the Supreme Court En Banc issued a Resolution dated 04 May 2021, approving the following amendments to the Internal Rules of the Supreme Court (IRSC).: Increasing the penalty threshold for administrative cases to be elevated to the Court En Banc, found in Rule 2, Section 3 (e), from suspension “for
Read MoreEO No. 143 Issued to Create the Energy One-Stop Shop Task Group
President Rodrigo Duterte signed on 02 July 2021, Executive Order (“EO”) No. 143, creating the Energy One-Stop Shop Task Group (“ETG”), which is tasked to monitor the continued implementation of Republic Act (“RA”) No. 11234, or the Energy Virtual One-Stop Shop (“EVOSS”) Act, and its implementing rules and regulations. (See related article: Department of Energy
Read MoreEstate tax amnesty program extended to 14 June 2023
The President has signed into law Republic Act No. 11569 (“RA 11569”) amending Section 6 of Republic Act No. 11213 (“RA 11213”), otherwise known as the “Tax Amnesty Act”, to extend the deadline to avail of the estate tax amnesty until 14 June 2023. RA 11213 was enacted into law on 14 February 2019. It had
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