Grant of Electric Light, Heat and Power System Franchise to Municipality of Solana, Cagayan
Republic Act No. 2991, enacted on June 19, 1960, grants the Municipality of Solana in Cagayan a franchise to establish and operate an electric light, heat, and power system for a duration of twenty-five years. The municipality is authorized to generate and distribute electricity within its limits, adhering to existing laws and constitutional provisions. Additionally, if the municipality purchases power from the National Power Corporation, that corporation is empowered to negotiate rates on behalf of public consumers. The Act took effect upon its approval and was published in the Official Gazette on May 15, 1961.
Law Information
- Reference Number
- Republic Act No. 2991
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 19, 1960
REPUBLIC ACT NO. 2991
AN ACT GRANTING THE MUNICIPALITY OF SOLANA, PROVINCE OF CAGAYAN, A FRANCHISE FOR AN ELECTRIC LIGHT, HEAT AND POWER SYSTEM
SECTION 1. Subject to the terms and conditions established in Act Numbered Thirty-six hundred and thirty-six, as amended by Commonwealth Act Numbered One hundred and thirty-two, and to the provisions of the Constitution, there is granted to the Municipality of Solana, Province of Cagayan, for a period of twenty-five years from the approval of this Act, the right, privilege and authority to construct, maintain and operate an electric light, heat and power system for the purpose of generating and distributing electric light, heat and/or power for sale within the limits of the said municipality.
SECTION 2. In the event that the grantee shall purchase and secure from the National Power Corporation electric heat and power, the National Power Corporation is hereby authorized to negotiate and transact for the benefit and in behalf of the public consumers with reference to rates. cd i
SECTION 3. This Act shall take effect upon its approval.
Enacted without Executive approval, June 19, 1960.
Published in the Official Gazette, Vol. 57, No. 20, p. 3682 on May 15, 1961
Cite This Law
Grant of Electric Light, Heat and Power System Franchise to Municipality of Solana, Cagayan, Republic Act No. 2991, Jun 19, 1960 (Philippines)
Grant of Electric Light, Heat and Power System Franchise to Municipality of Solana, Cagayan, Republic Act No. 2991 (Phil. 1960)
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