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Republic Act No. 2287

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REPUBLIC ACTS




REPUBLIC ACT NO. 2287
REPUBLIC ACT NO. 2287 - AN ACT TO GRANT THE MUNICIPALITY OF SAGNAY, PROVINCE OF CAMARINES SUR, A FRANCHISE FOR AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM

Section 1. Subject to the terms and conditions established in Act Numbered Thirty-six hundred and thirty-six, as amended by Commonwealth Act Numbered One hundred and thirty-two, and to the provisions of the Constitution, there is granted to the Municipality of Sagnay, Province of Camarines Sur, 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 for the purpose of generating and distributing electric light, and/or power for sale within the limits of the said municipality.cralaw

Sec. 2. In the event that the grantee shall purchase and secure from the National Power Corporation electric heat and power, the National Power Corporation is hereby authorized to negotiate and transact for the benefit and in behalf of the public consumers with reference to rates.

Sec. 3. This Act shall take effect upon its approval.cralaw

Approval: June 19, 1959

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