Section 18
SEC. 18. Upon the approval of this Act the grantee may acquire by purchase all serviceable equipment of the electric operators in the municipalities of Bacoor and Imus. In the acquisition by the grantee of equipment belonging to the Communications and Electricity Development Authority, the chief of the Mechanical-Electrical Division of the Bureau of Public Works, the Chief of the Investigation and Planning Division of the National Power Corporation, or their authorized representatives, and an electrical engineer to be designated by the Public Service Commission, shall constitute the appraisal committee. The acquisition cost to be fixed by the appraisal committee shall be subject to the approval of the Public Service Commission sitting en banc.