PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACT NO. 5081 - AN ACT GRANTING THE MUNICIPALITY OF MABINAY, PROVINCE OF NEGROS ORIENTAL, A FRANCHISE TO INSTALL, MAINTAIN AND OPERATE AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM
Subject to the conditions and terms 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
Mabinay, Province of Negros Oriental, for a period of twenty-five years
from the approval of this Act, the right, privilege and authority to
install, maintain and operate an electric light, heat and power system
for the purpose of generating and distributing light, heat and/or power
for sale within the said municipality.
Sec. 2. In the event that the grantee shall purchase and secure electric light, heat and power from the National Power Corporation, the latter is hereby authorized 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.
Enacted without Executive
approval, June 17, 1967.