Is that correct, Counsel?cralawred b) monitoring, verification and validation of forest management and related activities through forest licenses, with respect to their compliance with approved plans and programmes; The peaceful and appropriate enjoyment of your area by you, as set forth in your Timber License Agreement No. 43 as amended above, is guaranteed if the laws, regulations and terms of your License Agreement are complied with. Could Picop have asked, before the end of the fifty year, say in 2001, a year before its expiry, for an extension of another 25 years of its agreement on the TLA? [I]t is the corresponding allocation number of IFMA in the territory covered by IFMA, formerly TLA No 43, as amended; (b) to grant the necessary authorization allowing the petitioner to act and make timber from the above-mentioned area of TLA no. to collect 43, sufficient to meet the raw material needs of the petitioner`s pulp and paper mills, in accordance with the guarantee and the agreement of 29 July 1969 between the Government and PicOP`s predecessor; and (c) strictly respect and abide by the State`s contractual guarantees and obligations towards PICOP, in accordance with the guarantee and agreement of 29 July  between the Government and PicOP`s predecessor. . . .