Republic Act No. 10376 (RA 10376) — An Act Condoning the Interest on the Paid Principal Account of Fuel Compensating Charge/Incremental Cost Charge (Fcc/Icc) of the Zamboanga Del Norte Electric Cooperative. Inc. (Zaneco) Payable and Due to the National Power Corporation (Npc)
Republic Act No. 10376 (RA 10376) — An Act Condoning the Interest on the Paid Principal Account of Fuel Compensating Charge/Incremental Cost Charge (Fcc/Icc) of the Zamboanga Del Norte Electric Cooperative. Inc. (Zaneco) Payable and Due to the National Power Corporation (Npc)
Data as of July 4, 2026 · Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗
SEC. 2. Principal Excluded from the Condonation. – The principal account of FCC/ICC in the sum of Thirty million five hundred fifty-seven thousand six hundred twenty-two pesos and thirty-five centavos (P30,557,622.35), having been paid already by the ZANECO to the NPC, and any account other than the unpaid interest on the already paid FCC/ICC amount are hereby excluded from this condonation.
SEC. 3. Effectivity. – This Act shall take effect fifteen (15) days after its publication in at least two (2) national newspapers of general circulation.
Approved,
(Sgd.) JUAN PONCE ENRILE
President of the Senate
(Sgd.) FELICIANO BELMONTE JR.
Speaker of the House
of Representatives
This Act which originated in the House of Representatives was finally passed by the House of Representatives and the Senate on June 4, 2012 and December 17, 2012, respectively.
(Sgd.) EMMA LIRIO-REYES
Secretary of the Senate
(Sgd.) MARILYN B. BARUA-YAP
Secretary General
House of Representatives
Approved: MAR 5, 2013
(Sgd.) BENIGNO S. AQUINO III
President of the Philippines
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).