RA 5356 Section 7

Section 7

SEC. 7. The grantee shall not lease, transfer, grant the usufruct of, sell or assign this franchise, or the rights or privileges acquired thereunder to any person, firm, company, corporation, or other commercial or legal entity, nor merge with any other person, firm, company or corporation; organized for the same purpose, without the prior approval of Congress.

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Other provisions in RA 5356

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 5356 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).

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