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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 :
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REPUBLIC ACT NO. 8700 - AN ACT
AMENDING Section S 1, 3, 4, 7, AND 12 OF REPUBLIC ACT NO. 7296, ENTITLED
"AN ACT GRANTING DAVAO AGRITECH, INC., A FRANCHISE TO ESTABLISH,
OPERATE AND MAINTAIN DOMESTIC AIR SPRAYING SERVICES WITH DAVAO AS ITS
MAJOR HUB" |
Section 1. Section 1 of Republic Act No. 7296 is hereby
amended to read as follows: "Section 1. Nature and Scope of Franchise. — Subject to the provisions of the Constitution and applicable laws, rules and regulations, there is hereby granted to the Davao Agritech, Inc., hereunder referred to as the grantee, its successors or assigns, a franchise to establish, operate and maintain domestic air spraying and passenger and cargo air charter transport services with Davao as its major hub. "Air spraying and passenger and cargo air charter transport services shall include the maintenance and operation of hangars and aircraft service stations and facilities and other services of similar nature which may be necessary, convenient or useful as an auxiliary to air spraying services. "The grantee shall be given the right at its terminals and landing fields, as well as in its aircraft, to construct, operate and maintain stations or transmitting sets for wireless telegraphy and direction findings, and other radio aids to air navigation, using wavelengths in accordance with the rules and regulations issued from time to time by the proper agencies of the government. The wireless communication facilities shall be used solely for receiving and transmitting weather forecasts and other matters in connection with the grantee's services." Sec. 2. Sec. 3 of Republic Act No. 7296 is
hereby amended to read as follows: Sec. 3. Sec. 4 of Republic Act No. 7269 is
hereby amended to read as follows: Sec. 4. Sec. 7 of Republic Act No. 7296 is
hereby amended to read as follows: Sec. 5. Section 12 of Republic Act No. 7296 is
hereby amended to read as follows: Sec. 6. Effectivity Clause. — This Act shall take
effect fifteen (15) days from the date of its publication in at least
two (2) newspapers of general circulation. Approved: July 9, 1998 |
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