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REPUBLIC ACT NO. 4305 - AN ACT
GRANTING THE MUNICIPALITY OF LALLO, PROVINCE OF CAGAYAN, A FRANCHISE TO
INSTALL, MAINTAIN AND OPERATE AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM
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| SECTION
1. Subject to the provisions of the Constitution and
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, there is granted to to the Municipality of
Lallo, Province of Cagayan, for a period of twenty-five years from the
approval of this Act, the right, privilege and authority to install,
maintain and operate an electric light, heat and power system for the
purpose of generating and distributing electric light, heat and/or
power for sale within the Municipality of Lallo, Province of Cagayan. SECTION 2. In the event that the grantee shall purchase and secure electric heat and power from the National Power Corporation, the latter is hereby authorized to negotiate and transact for the benefit and in behalf of the public consumers with reference to rates. SECTION 3. This Act shall take effect upon its approval. Approved: June 19, 1965 |
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