Approval of Sale of Franchise from Butuan Sawmill, Inc. to Municipality of Lianga, Surigao del Sur
Republic Act No. 3994, enacted on June 18, 1964, authorizes the assignment, sale, and transfer of the franchise originally granted to Butuan Sawmill, Inc. for operating an electric light, heat, and power system in Lianga, Surigao del Sur, to the Municipal Government of Lianga. The transfer is subject to the terms outlined in Act No. 3636 and must comply with constitutional provisions. This act includes all properties and equipment acquired under the original franchise. It takes effect immediately upon approval and was published in the Official Gazette on December 21, 1964.
Law Information
- Reference Number
- Republic Act No. 3994
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 18, 1964
REPUBLIC ACT NO. 3994
AN ACT APPROVING ANY ASSIGNMENT, SALE AND TRANSFER OF THE FRANCHISE GRANTED TO BUTUAN SAWMILL, INC., UNDER REPUBLIC ACT NUMBERED EIGHTEEN HUNDRED FORTY-NINE, IN FAVOR OF THE MUNICIPAL GOVERNMENT OF LIANGA, PROVINCE OF SURIGAO DEL SUR
SECTION 1. Subject to the terms and conditions prescribed in Act Numbered Thirty-six hundred thirty-six, and to the provisions of the Constitution, approval is hereby given to any assignment, sale and transfer of the franchise granted to Butuan Sawmill, Inc., to install, operate and maintain an electric light, heat and power system in the Municipality of Lianga, Province of Surigao del Sur, under Republic Act Numbered Eighteen hundred forty-nine, in favor of the Municipal Government of Lianga, Province of Surigao del Sur, together with all the property and equipment acquired thereunder.
SECTION 2. This Act shall take effect upon its approval.
Approved: June 18, 1964
Published in the Official Gazette, Vol. 60, No. 51, p. 8437 on December 21, 1964
Cite This Law
Approval of Sale of Franchise from Butuan Sawmill, Inc. to Municipality of Lianga, Surigao del Sur, Republic Act No. 3994, Jun 18, 1964 (Philippines)
Approval of Sale of Franchise from Butuan Sawmill, Inc. to Municipality of Lianga, Surigao del Sur, Republic Act No. 3994 (Phil. 1964)
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