REPUBLIC ACT NO. 3821 - AN ACT
GRANTING TO THE MINDANAO ELECTRIC COMPANY, INC., A FRANCHISE FOR AN
ELECTRIC LIGHT, HEAT, AND POWER SYSTEM IN THE CITY OF MARAWI, IN THE
MUNICIPALITIES OF MALABANG, TAMPARAN, BALABAGAN, AND WAO, ALL IN THE
PROVINCE OF LANAO DEL SUR |
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 Mindanao Electric Company, Inc.,
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, and/or obtain a power allocation
from the National Power Corporation, for the purpose of generating and
distributing electric light, heat and/or power for sale within the City
of Marawi and in the Municipalities of Malabang, Tamparan, Balabagan,
and Wao, all in the Province of Lanao del Sur. 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. Approved: June 22, 1963 |