Full Title
AN ACT EXTENDING THE TERM OF THE FRANCHISE GRANTED TO THE PHILIPPINE LONG DISTANCE AND TELEPHONE COMPANY UNDER ACT NUMBERED THREE THOUSAND FOUR HUNDRED AND THIRTY-SIX, AS AMENDED BY COMMONWEALTH ACT NUMBERED FOUR HUNDRED AND SEVEN, AND FOR OTHER PURPOSES.
Congress
7th Congress of the Republic
House Bill No.
H. No. 1973
Legislative History
Request for e-copy
Date of Approval
November 9, 1970

Other Details

Issuance Category
Legislative Issuance
Legislative Issuance Type
Republic Act
Bill Note
House Bill Only
Subjects
ACT NO. 3436 -- AMENDMENTS AND REPEALS
COMMONWEALTH ACT NO. 407 -- AMENDMENTS AND REPEALS
FRANCHISES (GRANTEE) -- PHILIPPINE LONG DISTANCE TELEPHONE COMPANY

Official Gazette

Official Gazette Source
Official Gazette vol. 67 no. 7 page 1132 (2/15/1971)

Full Text of Issuance

H. No. 1973 / 67 OG No. 7, 1132 (February 15, 1971)

[ REPUBLIC ACT NO. 6146, November 09, 1970 ]

AN ACT EXTENDING THE TERM OF THE FRANCHISE GRANTED TO THE PHILIPPINE LONG DISTANCE TELEPHONE COMPANY UNDER ACT NUMBERED THREE THOUSAND FOUR HUNDRED AND THIRTY-SIX, AS AMENDED BY COMMONWEALTH ACT NUMBERED FOUR HUNDRED AND SEVEN, AND FOR OTHER PURPOSES.

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:SECTION 1. The term of the franchise granted, to the Philippine Long Distance Telephone Company under Act Numbered Three thousand four hundred and thirty-six, as mended by Commonwealth Act Numbered Four hundred and seven, is hereby extended, under the terms and conditions therein provided, for a period of twenty-five years from the date of its expiration: Provided, That during the twenty-five-year period herein granted as extension, the grantee, its successors or assigns shall pay its franchise tax at an increased rate of live per centum.SEC. 2. This Act shall lake effect upon its approval.Approved, November 9, 1970.

Source: Supreme Court E-Library