Section 9
SEC. 9. The grantee shall not lease, transfer, grant usufruct of, sell or assign this temporary permit, or the rights or privileges acquired there under to any firm, company, corporation or other commercial or legal entity,nor merge, with any other person, company or corporation organized for the same purpose, without the approval of the Congress of the Philippines first had.Any corporation to which this temporary permit maybe sold,transferred, or assigned shall be subject to the corporation laws of the Philippines now existing or hereafter and any person, firm, company, corporation or other commercial or legal entity to which 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.