PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACT NO. 4490 - AN ACT GRANTING THE MUNICIPALITY OF SAN NICOLAS, PROVINCE OF BATANGAS, A FRANCHISE TO CONSTRUCT, MAINTAIN AND OPERATE AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM
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 thirty-two, and to the provisions
of the Constitution, there is granted to the Municipality of San
Nicolas, Province of Batangas, 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 latter is hereby authorized to negotiate and transact for the benefit and in behalf of the public consumer with reference to rates.
Sec. 3. This Act shall take effect upon its approval.
Approved: June 19, 1965