Full Title
AN ACT APPROVING THE TRANSFER, ASSIGNMENT, SALE OR MORTGAGE OF THE FRANCHISE GRANTED UNDER REPUBLIC ACT NUMBERED FIVE THOUSAND ONE HUNDRED NINETY-SIX.
Congress
House Bill No.
H. No. 1758
Legislative History
Date of Approval
June 19, 1971
Other Details
Issuance Category
Legislative Issuance Type
Bill Note
Subjects
Link From Other Sources
URL (Supreme Court)
Official Gazette
Official Gazette Source
Official Gazette vol. 67 no. 48 page 9341 (11/29/1971)
Full Text of Issuance
Click to view full text
H. No. 1758 / 67 OG No. 48, 9341 (November 29, 1971)
[ REPUBLIC ACT NO. 6307, June 19, 1971 ]
AN ACT APPROVING THE TRANSFER, ASSIGNMENT, SALE OR MORTGAGE OF THE FRANCHISE GRANTED UNDER REPUBLIC ACT NUMBERED FIVE THOUSAND ONE HUNDRED NINETY-SIX.
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:SECTION 1. Subject to the provisions of the Constitution and to the terms and conditions of the franchise granted under Republic Act Numbered Five thousand one hundred ninety-six, the transfer, assignment, sale or mortgage of said franchise together with all the rights and privileges granted thereunder in favor of any banking or financing institution or any individual, corporation, co-partnership or joint-stock company, is hereby approved.SEC. 2. This Act shall take effect upon its approval.Enacted without Executive approval, June 19, 1971.
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