Republic Act No. 4159

 

 

AN ACT

EXTENDING FURTHER UNDER CERTAIN CONDITIONS THE TERM OF THE FRANCHISE GRANTED IN PURSUANCE OF THE AUTHORITY UNDER ACTS NUMBERED FOUR HUNDRED EIGHTY-FOUR AND ONE THOUSAND ONE HUNDRED TWELVE BY THE MUNICIPAL BOARD OF THE CITY OF MANILA TO CHARLES M. SWIFT AND LATER ASSUMED AND TAKEN OVER BY THE MANILA ELECTRIC COMPANY, AS CONTAINED IN ORDINANCE NUMBERED FORTY-FOUR, PARTS TWO AND THREE, AS AMENDED OF THE SAID MUNICIPAL BOARD OF THE CITY OF MANILA, TO CONSTRUCT, MAINTAIN, AND OPERATE AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM FOR THE PURPOSE OF GENERATING AND DISTRIBUTING FOR SALE ELECTRIC LIGHT, HEAT AND POWER THROUGHOUT THE CITY OF MANILA AND ITS SUBURBS AS EXTENDED BY REPUBLIC ACT NUMBERED ONE HUNDRED FIFTY

 

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

 

SECTION 1.  Subject to the provisions of the Constitution of the Philippines, Republic Act Numbered One hundred fifty, and of this Act, the term of the franchise granted in pursuance of the authority under Acts Numbered Four hundred eighty-four and One thousand one hundred twelve of the Philippine Commission by the Municipal Board of the City of Manila to Charles M. Swift, and later assumed and taken over by the Manila Electric Company, as contained in Ordinance Numbered Forty-four, Parts Two and Three, as amended, of the said Municipal Board of the City of Manila, to construct, maintain, and operate an electric light, heat and power system for the purpose of generating and distributing for sale electric light, heat and power throughout the City of Manila and its suburbs, as extended by Republic Act Numbered One hundred fifty, is hereby further extended, under the same terms and conditions therein provided, for a period of thirty years from the date of its expiration.

 

SEC. 2.  The extension herein granted shall be effective if the grantee, the Manila Electric Company, shall file with the Office of the President of the Philippines its acceptance in writing of the provisions of this Act within three months after the approval of the same.

 

SEC. 3.  This Act shall take effect upon its approval.

 

Approved, June 20, 1964

 

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