AN ACT AMENDING REPUBLIC ACT NUMBERED FORTY-SIX HUNDRED NINETEEN, ENTITLED "AN ACT GRANTING VISAYAN ELECTRIC COMPANY, INC., A FRANCHISE FOR ELECTRIC LIGHT, HEAT AND POWER SYSTEM IN THE CITY OF DUMAGUETE AND IN THE MUNICIPALITIES OF BACONG, DAUIN AND VALENCIA, ALL IN THE PROVINCE OF ORIENTAL NEGROS."
Year:
1969
Category:
Other
Date Approved:
June 21, 1969
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 amends Republic Act No. 4619, which granted a franchise to the Visayan Electric Company, Inc. It stipulates that if the company does not commence operations within one year, the franchise will become null and void in the specified municipalities.Full Text
[ REPUBLIC ACT NO. 5855, June 21, 1969 ]
AN ACT AMENDING REPUBLIC ACT NUMBERED FORTY-SIX HUNDRED NINETEEN, ENTITLED "AN ACT GRANTING VISAYAN ELECTRIC COMPANY, INC., A FRANCHISE FOR ELECTRIC LIGHT, HEAT AND POWER SYSTEM IN THE CITY OF DUMAGUETE AND IN THE MUNICIPALITIES OF BACONG, DAUIN AND VALENCIA, ALL IN THE PROVINCE OF ORIENTAL NEGROS."
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
Section 1. Republic Act Numbered Forty-six hundred nineteen is hereby amended by inserting a new section between Sections one and two thereof to read as follows:
Section 2. This Act shall take effect upon its approval.
Enacted without Executive approval, June 21, 1969.
"Section 1-A. If the grantee shall not commence operation of its electric light system by serving the general public in the municipalities of Bacong, Dauin and Valencia, all in the Province of Oriental Negros, within one year from the approval of this amendatory Act, this franchise shall become null and void in said municipalities."
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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.