REPUBLIC ACT NO. 5882 - AN
ACT AMENDING THE TITLE AND SECTIONS ONE AND FOUR OF REPUBLIC ACT
NUMBERED FOUR THOUSAND SIX HUNDRED AND FIVE, AS AMENDED
Section 1. The title of Republic Act Numbered Four thousand
six hundred and five is amended to read as follows:
"An Act granting AQCE Incorporated a franchise to construct, operate
and maintain an ice plant in the City of San Pablo, Province of Laguna,
and to sell ice and to operate, maintain and supply cold storages in
any of the municipalities and cities within the Provinces of Laguna,
Batangas and Quezon."
Sec. 2. Section one of the same Act is hereby
amended to read as follows:
"Section 1. Subject to the conditions imposed by this
Act, there is hereby granted to AQCE Incorporated, hereinafter referred
to as the grantee, a franchise to construct, operate and maintain an
ice plant in the City of San Pablo, Province of Laguna, and to sell
ice, and to operate, maintain and supply cold storages in any of the
municipalities and cities within the entire Provinces of Laguna,
Batangas and Quezon and to charge and collect a schedule of prices and
rates for the ice and cold storages so furnished, which schedule of
prices and rates shall at all times be subject to regulation by the
Public Service Commission."
Sec. 3. Section four of the same Act is hereby
amended to read as follows:
"Sec. 4. The franchise shall continue for a period of
twenty-five years from the date said plant in the City of San Pablo is
placed in operation and/or commences the sale and distribution of ice
in the municipalities and cities in the entire Provinces of Laguna,
Batangas and Quezon, subject to the express condition that the
franchise shall be null and void unless the construction of said plant
be begun within five years from the date of the approval of this Act
and completed within six years from said date, except when prevented by
an act of God, or force majeure, martial law, riot, civil commotion,
usurpation by military power or any cause beyond the grantee's
control."
Sec. 4. Whenever the term "grantee" is used in
Republic Act Numbered Four thousand six hundred and five, as amended,
as well as in this amendatory Act, it shall be held and understood to
mean and represent the AQCE Incorporated, its successors or assigns.
Sec. 5. This Act shall take effect upon its
approval.
Enacted without Executive
approval, June 21, 1969.
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