Full Title
AN ACT AUTHORIZING JESUS B. PACQUING TO ASSIGN OR MORTGAGE HIS FRANCHISE OF ANY GOVERNMENT-OWNED OR CONTROLLED FINANCIAL AND/OR BANKING INSTITUTION.
Congress
House Bill No.
H. No. 16881
Legislative History
Date of Approval
June 15, 1968
Other Details
Issuance Category
Legislative Issuance Type
Bill Note
Link From Other Sources
URL (Supreme Court)
Official Gazette
Official Gazette Source
Official Gazette vol. 65 no. 26 page 6576 (6/30/1969)
Full Text of Issuance
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H. NO. 16881 / 65 OG No. 26, 6576 (June 30, 1969)
[ REPUBLIC ACT NO. 5393, June 15, 1968 ]
AN ACT AUTHORIZING JESUS B. PACQUING TO ASSIGN OR MORTGAGE HIS FRANCHISE TO ANY GOVERNMENT-OWNED OR CONTROLLED, FINANCIAL AND/OR BANKING INSTITUTION.
Be it enacted by the Senate and House of Representatives of the Philippine in Congress assembled:SECTION 1. Any provision of law to the contrary notwithstanding, Jesus B. Pacquing is hereby authorized to assign or mortgage his franchise granted under Republic Act Numbered Forty-three hundred and forty-four, to any government-owned or controlled financial and/or banking institution: Provided, however,That the machineries and equipment used in the business are also mortgaged together with the franchise.SEC. 2. This Act shall take effect upon its approval.Enacted without Executive approval, June 15, 1968.
Source: Supreme Court E-Library