An Act Condoning the Liquidated Damages in the Amount of Four Thousand Five Hundred Sixty Pesos Imposed on Engineer-Contractor Andres Bolinas, Jr., of Daraga, Albay, Due to His Failure to Finish Within the Contract Period the Construction of the Legaspi Slaughterhouse
Year:
1956
Category:
Other
Date Approved:
June 16, 1956
Summary
Plain-language AI-assisted summary — not the official text. As of July 1, 2026. Read the full text below or on the official source.
This Act condones the liquidated damages imposed on Engineer-Contractor Andres Bolinas, Jr. for failing to complete the construction of the Legaspi Slaughterhouse within the contract period. It effectively removes the financial penalty of four thousand five hundred sixty pesos that was previously imposed.Full Text
REPUBLIC ACT No. 1588
An Act Condoning the Liquidated Damages in the Amount of Four Thousand Five Hundred Sixty Pesos Imposed on Engineer-Contractor Andres Bolinas, Jr., of Daraga, Albay, Due to His Failure to Finish Within the Contract Period the Construction of the Legaspi Slaughterhouse
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. The liquidated damages in the amount of four thousand five hundred sixty pesos imposed on Engineer-Contractor Andres Bolinas, Jr., of Daraga, Albay, due to his failure to finish within the contract period the construction of the Legaspi Slaughterhouse, is condoned.
Section 2. This Act shall take effect upon its approval.
Approved: June 16, 1956.
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Republic Acts are laws passed by the Congress of the Philippines. This content is sourced from LawPhil (lawphil.net) for reference purposes. For official and authoritative texts, please refer to the Official Gazette.