My bookmarksSign up free

PD 1399 Section 2

Section 2

SECTION 2. Section 3 of Presidential Decree No. 1067-B is hereby amended to read as follows: "SECTION 3. SPECIAL CONDITION OF FRANCHISE.—Sixty (60%) percent of the aggregate gross earnings derived by the Franchise Holder from this Franchise shall be immediately set aside and allocated to fund the following infra-structure and socio-civic project within the Metropolitan Manila Area; Flood Control. Sewerage and Sewage. Nutritional Programs. Population Control. 'Tulungan ng Bayan' Centers. Beautification. In addition to the priority infra-structure and socio-civic projects within the Metropolitan Manila Areas specifically enumerated above, the 60% share of the government in the aggregate gross earnings derived by the Franchise Holder from this Franchise may now be appropriated and allocated to fund and finance any infra-structure and/or socio-civic projects throughout the Philippines as may be directed and authorized by the Office of the President."

Read the full instrument →

Other provisions in PD 1399

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

CitationPD 1399 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).

Continue your research