An Act Authorizing the Sale, Transfer and Conveyance to the Visayan Electric Co., Inc. of the Franchise and All the Properties and Rights Acquired Thereunder of the Visayan Electric Co., S.A., Granted Under Act Numbered Thirty-Four Hundred Ninety-Nine, to Operate, and Maintain an Electric Light, Heat and Power System in the City of Cebu and in the Municipalities of Talisay, Minglanilla, Naga, San Fernando, Mandawe, Consolacion, Liloan and Compostela, All in the Province of Cebu
Year:
1961
Category:
Other
Date Approved:
June 17, 1961
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 authorizes the sale, transfer, and conveyance of the franchise and properties of the Visayan Electric Co., S.A. to the Visayan Electric Co., Inc. It allows the latter to operate and maintain an electric light, heat, and power system in various municipalities in Cebu.Full Text
REPUBLIC ACT No. 3234
An Act Authorizing the Sale, Transfer and Conveyance to the Visayan Electric Co., Inc. of the Franchise and All the Properties and Rights Acquired Thereunder of the Visayan Electric Co., S.A., Granted Under Act Numbered Thirty-Four Hundred Ninety-Nine, to Operate, and Maintain an Electric Light, Heat and Power System in the City of Cebu and in the Municipalities of Talisay, Minglanilla, Naga, San Fernando, Mandawe, Consolacion, Liloan and Compostela, All in the Province of Cebu
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
Section 1. The sale, transfer and conveyance to the Visayan Electric Co., Inc., of the franchise and all the properties and rights acquired thereunder of the Visayan Electric Co., S.A., granted under Act Numbered Thirty-four hundred ninety-nine, to operate and maintain an electric light, heat and power system in the City of Cebu and in the municipalities of Talisay, Minglanilla, Naga, San Fernando, Mandawe, Consolacion, Liloan, and Compostela, all in the Province of Cebu, is hereby authorized and approved. The Visayan Electric Co., Inc., shall, therefore, be subject to the provisions of said Act Numbered Thirty-four hundred ninety-nine.
Section 2. This Act shall take effect upon its approval.
Approved: June 17, 1961.
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