REPUBLIC ACT NO. 4541 - AN ACT
AMENDING CERTAIN SECTIONS AND THE TITLE OF REPUBLIC ACT NUMBERED
TWENTY-NINE HUNDRED EIGHTY-THREE, AS AMENDED
Section 1. Section one of the Republic Act Numbered
Twenty-nine hundred eighty-three is hereby amended to read as follows:
"Section 1. Subject to the conditions imposed by this
Act, there is hereby granted to Constante Ibaviosa, his heirs and
assigns, hereafter referred to as the grantee, a franchise to
construct, operate and maintain an ice and cold storage plant in the
City of Manila and suburbs for the purpose of manufacturing and
distributing ice and supplying cold storage therein and to charge and
collect a schedule of prices and rates for the ice and cold storage so
furnished, which schedule shall at all times be subject to regulations
by the Public Service Commission of its legal successor."
Sec. 2. Section four of the same Act is hereby
amended to read as follows:
"Sec. 4. This franchise shall continue for a period
of fifty years from the date said ice and cold storage plant shall be
placed in operation and/or shall commence the manufacture and
distribution of ice in the City of Manila and suburbs, and is made
subject to the express condition that the same shall be null and void
unless the construction of said ice and cold storage plant be begun
within five years from the date of approval of this amendatory Act and
completed within seven years from said date, except when prevented by
an act of God, force majeure, martial law, riot, civil commotion, or
usurpation of military power or any other cause beyond the grantee's
control.
Sec. 3. The title of the same Act is hereby
amended to read as follows:
"An Act granting Mr. Constante Ibaviosa, his heirs and assigns, a
franchise to construct, operate and maintain an ice and cold storage
plant in the City of Manila and suburbs and to sell ice and supply cold
storage therein."
Sec. 4. This Act shall take effect upon its
approval.
Approved: June 19, 1965
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