Section 9
SEC. 9. The grantee shall not lease, transfer, grant the usufruct of, sell or assign this temporary permit, the rights or privileges acquired thereunder to any person, firm, company, corporation or other commercial or leg entity, nor merge with any other person, firm, company or corporation organized for the same purpose, wit the approval of the Congress of the Philippines first had. Any corporation to which this temporary permit be sold, transferred, or assigned, shall be subject to corporation laws of the Philippines now existing or hereafter enacted, and any person, firm, company, corporation or other commercial or legal entity to which this temporary permit is sold, transferred, or assigned shall be subject to all conditions, terms, restrictions and limitations of this temporary permit as fully and completely and to the same extent as if the temporary permit had been originally granted to the said person, firm, company, corporation or other commercial or legal entity.