SEC. 7. The grantee shall not transfer, lease, grant the use of, sell or assign this franchise or the rights and privileges acquired thereunder to any person, natural or juridical, or merge with any other person without first obtaining approval of the Congress of the Philippines.
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 4983 Section 7 (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).
