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CA 222 Section 2

Section 2

SEC. 2. Section twenty-one of said Act is hereby amended by inserting at the end of said section the following proviso: "Provided, however, That with the approval of the President of the Philippines, the grantee may lease, transfer, grant the usufruct of, sell or assign, wholly or partially, this franchise and rights and privileges acquired thereunder to, or it may merge with, another corporation holding a franchise from this Government." SEC. 3. This Act shall take effect upon its approval. Approved, November 29, 1936.

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Other provisions in CA 222

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

CitationCA 222 Section 2 (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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