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.
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 extends the term of the franchise granted under Republic Act Numbered Four Hundred Sixty-Six for another twenty-five years. It aims to ensure the continued operation of the franchise without interruption.Full Text
[ 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.
Section 2. This Act shall take effect upon its approval.
Enacted without Executive approval, June 21, 1969.
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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.