PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACTS
| REPUBLIC ACT NO. 2276 - AN ACT
GRANTING ABELARDO L. BANTUG A FRANCHISE FOR AN ELECTRIC LIGHT, HEAT AND
POWER SYSTEM IN THE MUNICIPALITY OF VICTORIAS, PROVINCE OF NEGROS
OCCIDENTAL |
|
Section
1. Subject to the terms and conditions established in
Act Numbered Thirty-six hundred thirty-six, as amended by Commonwealth
Act Numbered One hundred thirty-two, and to the provisions of the
Constitution, there is granted to Abelardo L. Bantug, for a period of
twenty-five years from the approval of this Act, the right, privilege
and authority to construct, maintain and operate an electric light heat
and power system for the purpose of generating and distributing
electric light, heat and/or power for sale within the Municipality of
Victorias, Province of Negros Occidental.cralaw
Sec. 2. In the event that the grantee shall
purchase and secure from the National Power Corporation electric heat
and power, the National Power Corporation is hereby authorized to
negotiate and transact for the benefit and in behalf of the public
consumers with reference to rates.
Sec. 4. This Act shall take effect upon its
approval.cralaw |
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