PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACTS
REPUBLIC ACT NO. 2296 - AN ACT
GRANTING THE CABATUAN ELECTRIC COMPANY A FRANCHISE FOR AN ELECTRIC
LIGHT, HEAT AND POWER SYSTEM IN THE MUNICIPALITY OF CABATUAN, PROVINCE
OF ISABELA |
Section 1.
Subject to the terms and conditions established in
Act Numbered Thirty-six hundred and thirty-six as amended by
Commonwealth Act Numbered One hundred and thirty-two and to the
provisions of the Constitution, there is granted to the Cabatuan
Electric Company for a period of fifty 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 Cabatuan, Province of Isabela.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 the rates.
Sec. 4. This Act shall take effect upon its
approval.cralaw |
chanroblesvirtuallawlibrary