REPUBLIC ACT NO. 6604 - AN ACT FURTHER AMENDING REPUBLIC ACT NUMBERED FORTY HUNDRED AND TWELVE, ENTITLED "AN ACT GRANTING POTOTAN ELECTRIC LIGHT AND POWER CORPORATION, A FRANCHISE FOR ELECTRIC LIGHT, HEAT AND POWER SYSTEM IN THE MUNICIPALITY OF POTOTAN, PROVINCE OF ILOILO"
Section one of Republic Act Numbered Forty hundred and twelve, as
amended, is hereby further amended, to read as follows: |
"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 thirty-two, and to the provisions of the Constitution, there is granted to Pototan Electric Light and Power Corporation in the Municipality of Pototan, Province of Iloilo, for a period of twenty-five years from approval of this Act, right, privilege and authority to construct, maintain and operate light, heat and/or power system and an ice plant for the purpose of generating, distributing, electric light, heat and/or power and manufacturing ice for distribution and sale within the said municipality, all the municipalities of the fourth legislative district of Iloilo, and in the neighboring municipalities."
Sec. 2. Section two-C of the same Act is amended to read as follows:
"Sec. 2-C. If the grantee shall not commence the manufacture and distribution of ice in the Municipality of Pototan, all the municipalities of the fourth legislative district of Iloilo and the neighboring municipalities, within two years from the approval of this amendatory Act, unless prevented by an act of God, force majeure, martial law, riot, civil commotion, usurpation of military power and any other cause beyond the grantee's control, then the franchise authorizing the manufacture and sale of ice shall be null and void."
Sec. 3. Section two-D, of the same Act is amended to read as follows:
"Sec. 2-D. This franchise is granted subject to the provisions of the Constitution and Commonwealth Act Numbered One hundred forty-six, as amended, 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. 4. This franchise shall be inoperative in those municipalities where there is an existing franchise holder for the service herein granted.
Sec. 5. This Act shall take effect upon its approval.
Approved: October 23, 1972