Republic Acts1 min read
Section 15Sec./Art. 15
Personal notes Saved on this device
0 / 5,000 charactersReport page issue
Answer First
Primary Text
Within two (2) years after the effectivity of this Act, the grantee shall file with the Secretary of Transportation and Communications its written acceptance of the franchise and of all the terms and conditions hereof, and in default of such acceptance within the time so limited, this franchise shall become null and void.
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.