An Act Extending the Term of the Franchise Granted to the Philippine Long Distance Telephone Company Under Act Numbered Three Thousand Four Hundred and Thirty-Six, as Amended by Commonwealth Act Numbered Four Hundred and Seven, and for Other Purposes
Year:
1970
Category:
Other
Date Approved:
November 9, 1970
Summary
Plain-language AI-assisted summary — not the official text. As of July 2, 2026. Read the full text below or on the official source.
This Act extends the term of the franchise granted to the Philippine Long Distance Telephone Company for an additional twenty-five years from the date of its expiration. It also stipulates that the grantee must pay an increased franchise tax rate of five percent during this extension period.Full Text
REPUBLIC ACT No. 6146
An Act Extending the Term of the Franchise Granted to the Philippine Long Distance Telephone Company Under Act Numbered Three Thousand Four Hundred and Thirty-Six, as Amended by Commonwealth Act Numbered Four Hundred and Seven, and for Other Purposes
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. The term of the franchise granted to the Philippine Long Distance Telephone Company under Act Numbered Three thousand four hundred and thirty-six, as amended by Commonwealth Act Numbered Four hundred and seven, is hereby extended, under the terms and conditions therein provided, for a period of twenty-five years from the date of its expiration: Provided, That during the twenty-five year period herein granted as extension, the grantee, its successors or assigns shall pay its franchise tax at an increased rate of five per centum.
Section 2. This Act shall take effect upon its approval.
Approved: November 9, 1970.
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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.