ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Republic Acts :
REPUBLIC ACTS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
REPUBLIC ACT NO. 6146 - AN
ACT EXTENDING THE TERM OF THE FRANCHISE GRANTED TO THE PHILIPPINE LONG
DISTANCE TELEPHONE COMPANY UNDER ACT NUMBERED THREE THOUSAND FOUR
HUNDRED AND THIRTY-SIX, AS AMENDED BY COMMONWEALTH ACT NUMBERED FOUR
HUNDRED AND SEVEN, AND FOR OTHER PURPOSES Section 1. The term of the franchise granted to the Philippine Long Distance Telephone Company under Act Numbered Three thousand four hundred and thirty-six, as amended by Commonwealth Act Numbered Four hundred and seven, is hereby extended, under the terms and conditions therein provided, for a period of twenty-five years from the date of its expiration: provided, that during the twenty-five year period herein granted as extension, the grantee, its successors or assigns shall pay its franchise tax at an increased rate of five per centum. Sec. 2. This Act shall take effect upon its
approval. Approved: November 9, 1970 |
chanroblesvirtuallawlibrary