Republic Acts1 min read
Section 4Sec./Art. 4
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Section 7 of Republic Act No. 8196 is hereby amended to read as follows:
"Sec. 8. Term of Franchise. - This franchise shall be for a term of twenty-five (25) years from the date of effectivity of this Act, unless sooner revoked or cancelled. This franchise shall be deemed ipso facto revoked, in the event the grantee fails to operate continuously for two (2) years."
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