Bill Type
Long Title
AN ACT GRANTING REPRESENTATION OF CONSUMER GROUP IN THE BOARD OF DIRECTORS OF THE MANILA ELECTRIC COMPANY, THE NATIONAL POWER CORPORATION, THE METROPOLITAN WATER SEWERAGE AUTHORITY, THE PHILIPPINE LONG DISTANCE TELEPHONE COMPANY, AND ANY OTHER CORPORATION, GOVERNMENT OR PRIVATE, DISPENSING PUBLIC SERVICES, GIVING THEM ONE (1) SEAT IN THE BOARD OF DIRECTORS, AND FOR OTHER PURPOSES
Date filed
July 30, 1998
Scope
Urgent Bill
No
Legislative History
| House Bill/Resolution NO. HB01531 | |
| FULL TITLE : AN ACT GRANTING REPRESENTATION OF CONSUMER GROUP IN THE BOARD OF DIRECTORS OF THE MANILA ELECTRIC COMPANY, THE NATIONAL POWER CORPORATION, THE METROPOLITAN WATER SEWERAGE AUTHORITY, THE PHILIPPINE LONG DISTANCE TELEPHONE COMPANY, AND ANY OTHER CORPORATION, GOVERNMENT OR PRIVATE, DISPENSING PUBLIC SERVICES, GIVING THEM ONE (1) SEAT IN THE BOARD OF DIRECTORS, AND FOR OTHER PURPOSES | |
| ABSTRACT : The author reasons that the increased costs to the abovementioned corporations should normally be a bruden of the investors. However, this burden has been passed down to the consumers, thus the consumers should be reprsented in the boards of these corporations. | |
| PRINCIPAL AUTHOR/S : MARCOS, IMEE R. | |
| DATE FILED : 1998-07-30 | |
| SIGNIFICANCE: NATIONAL | |
| CO-AUTHORS : | |
| 1. | 2. |
| ADMINISTRATION BILL? No | |
| URGENT BILL? No | |
| ACTIONS TAKEN BY THE COMMITTEE ON RULES | |
| REFERRAL TO THE COMMITTEE ON PEOPLE PARTICIPATION ON 1998-08-05 |
Abstract
The author reasons that the increased costs to the abovementioned corporations should normally be a bruden of the investors. However, this burden has been passed down to the consumers, thus the consumers should be reprsented in the boards of these corporations.
Disclaimer
Note: Legislative history and other information accessed from Congress Legis. Information as of April 20, 2022.