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Republic Acts

Republic Act No. 5936

PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY

REPUBLIC ACTS




REPUBLIC ACT NO. 5936
REPUBLIC ACT NO. 5936 - AN ACT GRANTING R. AND B. ICE PLANT, INC., A FRANCHISE TO CONSTRUCT, MAINTAIN AND OPERATE ICE PLANTS AND COLD STORAGES IN THE CITY OF MANILA AND IN THE PROVINCE OF RIZAL

Section 1. Subject to the conditions imposed by this Act, there is granted to R. and B. Ice Plant, Inc., its successors or assigns, for a period of twenty-five years after the approval of this Act, the right, privilege and authority to construct, maintain and operate ice plants and cold storage in the City of Manila and in the Province of Rizal, for the purpose of manufacturing ice and supplying cold storage and to sell and distribute the ice so manufactured and supply cold storage facilities in the said city and province and to collect a schedule of rates and prices for the ice so manufactured and for the cold storage so furnished which schedule of rates and prices shall at all times be subject to regulation by the Public Service Commission.

Sec. 2. The grantee shall install, maintain and operate ice plants and cold storages in any part of the City of Manila and in the Province of Rizal: Provided, however, That the total daily output of all the ice plants so installed and maintained shall be determined by the Public Service Commission.

Sec. 3. All the apparatus and appurtenances to be used by the grantee shall be modern, safe and first class in every respect, and the grantee shall, whenever the Public Service Commission shall determine that public interest reasonably requires it, change or alter any of its apparatus and appurtenances at grantee's expense.

Sec. 4. If the grantee shall not commence the construction of at least one ice plant and cold storage within two years from the approval of this Act, unless prevented by an act of God or force majeure, martial law, riot, civil commotion, usurpation by a military power or any other cause beyond the grantee's control, this franchise shall become null and void.

Sec. 5. This franchise is granted subject to the provisions of Commonwealth Act Numbered One hundred sixty-six, as amended, only with respect to the fixing of rates, and with the understanding and upon the condition that it shall be subject to amendment, alteration or repeal by the Congress of the Philippines when public interest so requires.

Sec. 6. In consideration of this franchise the grantee shall pay a tax equivalent to five per cent of its gross income.

Sec. 7. This Act shall take effect upon its approval.

Enacted without Executive approval, June 21, 1969.

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