10 (d) The petitioner/stakeholder shall give their answer within fifteen (15) days upon receipt of any position paper. Thereafter, no further submissions shall be allowed; and (e) The appropriate cultural agency shall have a maximum of ninety (90) days from the deadline of the submission of all the answers within which to submit its resolution and render its decision on the application. SEC. 9. Right of First Refusal on the Sale of National Cultural Treasures. - The appropriate cultural agency shall be given the right of first refusal in the purchase of cultural properties declared as national cUltural property. Prior to the finality of the sale, the appropriate cultural agency may likewise match any offer made for the purchase of national cUltural property. SEC. 10 .. Licensing of Dealers of Cultural Property. All dealers of cUltural property shall secure a license to operate as such from the appropriate cUltural agency concerned. They shall submit a quarterly inventory of items carried which shall include a history of each item. Failure to submit two (2) consecutive inventories shall be a ground for cancellation of the license. All dealers of cultural property shall be subject to inspection by the concerned cultural agencies. The cultural agencies may charge and collect fees for registration as well as for licenses, inspections, certifications, authorizatio.ns and permits that they issue and undertake in connection with the implementation of this Act. Funds ge;'erated from these collections by cUltural agencies shall be retained by the cUltural agency concerned for its operations. SEC.ll. Dealings of Cultural. Property. - No cultural property shall be sold, resold or taken out of the country without first securing a clearance from. the cultural agency concerned. In case the property shall be taken out iJf the country, it shall solely be for the purpose of scientific scrutiny or exhibit.

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