SEC. 2. Renewal of Franchise. - The term of the franchise granted under Republic Act No. 7372 is hereby-renewed for another twenty-five (25) years from the date of its expiration. This franchise shall be deemed ipso facto revoked in the event the grantee fails to operate continuously for two (2) years.
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
CitationRA 11151 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).