Be it enacted by the National Assembly of the Philippines:

SECTION 1. Section seventy of Act Numbered Four thousand three, known as  the "Fisheries Act," as amended, is further amended so as to read as follows:

"SEC. 70. License tax upon taking of fish on municipal waters. -- A municipal council which has not granted the exclusive privilege of erecting fish corrals or operating fish-ponds in municipal waters or taking or catching "bangus" known as "kawag-kawag," may impose a license tax upon the privilege taking fish in such waters with nets, traps, or other fishing tackle, upon persons qualified according to section sixty-seven hereof , except those already licensed under article five of this Act: Provided, that no such license shall confer an exclusive right of fishery; that the imposition of this license tax upon this privilege shall be levied only one in any given year upon any fishery; that the imposition of this license tax upon any fisherman; that the levy  is to be made by the municipality wherein the fisherman is a resident; and that the possession and exhibition of receipts evidencing payment of the license tax shall entitle the fisherman to fish in any municipal waters in the Philippines, in which the exclusive privilege of fishery has not been granted to any other person or persons. In case the fee in the municipality where the fisherman desires to fish is greater than the fee in the municipality where he obtain his license, the former municipality may collect from him the difference between the two fees. Any licensee fishing in municipal waters shall be subject to the terms, condition, and limitations prescribed by municipal ordinances governing the fishing therein, if any, as approved by the Secretary of Agriculture and Commerce, or as may here-after be similarly approved."

SEC. 2. This Act shall take effect upon its approval.

Approved, June 9, 1938.