PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACTS
REPUBLIC ACT NO. 3206 - AN ACT
GRANTING THE MUNICIPALITY OF CORTES, PROVINCE OF BOHOL, A FRANCHISE FOR
AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM
|
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 Municipality of Cortes, Province of Bohol, 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 limits of the
said municipality. 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 authorize to negotiate and transact for the benefit and in behalf of the public consumers with reference to rates. Sec. 3. This Act shall take effect upon its approval. Approved: June 17, 1961 |