Republic Acts1 min read
Section 6Sec./Art. 6
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
Term of Franchise. - This franchise shall be in effect for a period of twenty-five (25) years from the effectivity of this Act, unless sooner revoked or cancelled. This franchise shall be deemed ipso facto revoked in the event the grantee fails to comply with any of the following conditions:
(a) Commence operations within one (1) year from the approval of its operating permit by the NTC;
(b) Commence operations within three (3) years from the effectivity of this Act; and
(c) Operate continuously for two (2) years.
Use With Care
Definitions and exceptions often appear before or after this text.
Court decisions may interpret, limit, or apply this provision.
Confirm amendment, repeal, effectivity, and official publication.