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
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REPUBLIC ACT NO. 6454 - AN ACT TO
AMEND ACT NUMBERED THIRTY-FOUR HUNDRED AND NINETY-NINE, AS TRANSFERRED
TO VISAYAN ELECTRIC CO., INC. UNDER REPUBLIC ACT NUMBERED THIRTY-TWO
HUNDRED AND THIRTY FOUR Section 1.
Section one of Act Numbered Thirty-four hundred ninety-nine, as
transferred to the Visayan Electric Company, Inc., under Republic Act
Numbered Thirty-two hundred thirty-four, is hereby amended to read as
follows: Sec. 2. The other provisions of Act Numbered Thirty-four hundred ninety-nine is amended insofar as they are inconsistent with the provisions of this mandatory act: provided, that the phrase “axes of any kind" appearing in Section eight of Act Numbered Thirty-four hundred ninety-nine shall include duties, tariffs, imposts, assessments, licenses and fees of whatever kind or nature which may be levied by any government authority whatsoever, now or in the future, upon its franchises, rights, privileges, earnings, incomes, payments, revenue or profits, and upon its machineries, equipments, supplies, wattesters, poles, wires, transformers, insulators, capacitors, transportation equipments and other facilities used or intended for use by the grantee including, but not limited to, compensating taxes and other customs fees and assessments or licenses. Sec. 3. This Act shall take effect upon its
approval. Enacted without Executive
approval, June 17, 1972. |
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