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Definition of Terms. As used in this Decree, the following terms are defined as follows:
a. PERSON includes a natural or juridical person.
b. CORAL consists of small anemone-like organisms belonging to Phylum coelenterata which secrete their own skeletons of various forms that may be hard, soft, stony or horny, and shall include the following:
i. Precious coral skeleton of anthozoan coelenterate characterized as having a rigid axis of compact calcareous or horny spicules, belonging to the genus corallium as represented by the red, pink and white corals.
ii. Semi-precious coral skeleton of anthozoan coelenterate characterized by a thorny, horny axis, such as the Antipatharians as represented by the black corals.
iii. Ordinary coral all kinds of coral other than precious and semi-precious corals.
c. EXPLORATION the preliminary surveys and random sampling within a concession area.
d. EXPLOITATION the actual extraction, gathering and collection in accordance with acceptable coral development and conservation practices.
e. UTILIZATION all operations involved in the manufacture, processing or conversion of raw corals into finished products.
f. CONSERVATION the complete preservation or limited harvesting of coral resources in such a way as not to adversely affect the sustained productivity of marine ecosystems.
g. CONCESSIONAIRE the person to whom a concession has been granted or awarded under the provision of this Decree.
h. FINISHED PRODUCTS processed and manufactured coral articles of trade and commerce in a form that may be immediately utilized by the end-user or consumer such as, but not limited to, jewelries or decorative articles.
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