[ REPUBLIC ACT NO. 5740, June 21, 1969 ]
AN ACT EXTENDING FOR ANOTHER TWENTY-FIVE YEARS THE TERM OF THE FRANCHISE GRANTED UNDER REPUBLIC ACT NUMBERED FOUR HUNDRED SIXTY-SIX AND LATER ACT NUMBERED ONE THOUSAND ONE HUNDRED AND EIGHTEEN.
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
SECTION 1. The term of the franchise granted under Republic Act Numbered Four hundred sixty-six, and later transferred by authority of Republic Act Numbered One thousand one hundred and eighteen, is hereby extended for another twenty-five years from the date of the expiration of the said franchise.
SEC. 2. This Act shall take effect upon its approval.
Enacted without Executive approval, June 21, 1969.
SECTION 1. The term of the franchise granted under Republic Act Numbered Four hundred sixty-six, and later transferred by authority of Republic Act Numbered One thousand one hundred and eighteen, is hereby extended for another twenty-five years from the date of the expiration of the said franchise.
SEC. 2. This Act shall take effect upon its approval.
Enacted without Executive approval, June 21, 1969.