Section 3March 28, 1990, Sec./Art. 3

Section 47, Chapter VIII of Commonwealth Act No. 141, as amended, is hereby further amended to read as follows:

"Sec. 47. The persons specified in the next following section are hereby granted time, not to extend beyond December 31, 2000 within which to take advantage of the benefit of this Chapter: provided, that this period shall apply only where the area applied for does not exceed twelve (12) hectares: provided, further, that the several periods of time designated by the President in accordance with Section Forty-five of this Act shall apply also to the lands comprised in the provisions of this Chapter, but this section shall not be construed as prohibiting any of said persons from acting under this Chapter at any time prior to the period fixed by the President."