REPUBLIC ACT NO. 5740  - AN ACT EXTENDING FOR ANOTHER TWENTY-FIVE YEARS THE TERM OF THE FRANCHISE GRANTED UNDER REPUBLIC ACT NUMBERED FOUR HUNDRED SIXTY-SIX AND LATER REPUBLIC ACT NUMBERED ONE THOUSAND ONE HUNDRED AND EIGHTEEN

Section 1.    The term of the franchise granted under Republic Act Numbered Four hundred sixty-six, and later transferred by authority of Republic Act Numbered One thousand one hundred and eighteen, is hereby extended for another twenty-five years from the date of the expiration of the said franchise.  

Sec. 2.    This Act shall take effect upon its approval.

Enacted without Executive approval, June 21, 1969.