Republic Acts1 min read
Section 41March 3, 1995, Sec./Art. 41
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Withdrawal from Financial or Technical Assistance Agreement
The contractor shall manifest in writing to the Secretary his intention to withdraw from the agreement, if in his judgment the mining project is no longer economically feasible, even after he has exerted reasonable diligence to remedy the cause or the situation. The Secretary may accept the withdrawal: Provided, That the contractor has complied or satisfied all his financial, fiscal or legal obligations.
CHAPTER VII
SMALL-SCALE MINING
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