PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES
REPUBLIC ACTS
REPUBLIC ACT NO. 2304 - AN ACT
GRANTING THE MUNICIPALITY OF URDANETA, PROVINCE OF PANGASINAN, A
FRANCHISE FOR AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM IN THE SAID
MUNICIPALITY |
Section 1.
Subject to the terms and conditions established in
Act Numbered Thirty-six hundred thirty-six, as amended by Commonwealth
Act Numbered One hundred thirty-two, and to the provisions of the
Constitution, there is granted to the Municipality of Urdaneta,
Province of Pangasinan, for a period of twenty-five years from the
approval of this Act, the right, privilege and authority to construct,
maintain and operate an electric light, heat and power system in the
said municipality, for the purpose of generating and distributing
electric light, heat and/or power for sale therein.
Sec. 2. In the event that the grantee shall
purchase and secure from the National Power Corporation electric heat
and power, the National Corporation is hereby authorized to negotiate
and transact for the benefit and in behalf of the public consumers with
reference to rates.
Sec. 4. This Act shall take effect upon its
approval. Approved: June 19, 1959 |