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Act No. 3406 Section 14

Act No. 3406 Section 14

Section 14

SEC. 14. The grantee herein' shall not, without the approval of the Public Service Commission first had, lease, grant, sell, convey or give in usufruct this franchise and the property and rights acquired thereunder to any person or corporation: Provided, That for the purpose of such lease, granting, sale, conveyance, of giving in usufruct, it shall be necessary to file in the office of the Secretary of Commerce and Communications an agreement in writing by which the person or corporation in whose favor such lease, grant, sale, conveyance, or giving in usufruct is made, shall bind himself to comply with all the terms and condi­tions imposed upon the grantee by this franchise, and to accept the same subject to all existing terms and conditions: Provided, further, That in case of any national emergency affecting and endangering the public safety and order, the Government of the Philippine Islands shall have the right to take possession of the electric light system, as provided in this Act, and operate the same until such emergency shall have passed. SEC. 15. The Public Service Commission or its legal successor, after hearing the interested parties, upon notice and order in writing, shall have the power to declare the forfeiture of this franchise and all rights inherent in the same for failure on part of the grantee to comply with any of the terms and conditions thereof, unless such failure shall have been directly and primarily caused by the act of God, the public enemy, or force majeure. Against such declaration of forfeiture by the Public Service Commission or its legal successor, the grantee may apply for the remedies provided in section thirty-five of Act Num­bered Thirty-one hundred and eight, as amended.

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Other provisions in Act No. 3406

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationAct No. 3406 Section 14 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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