Section 8
SEC. 8. The grantee shall not lease, transfer, grant the usufruct of, sell or assign this temporary permit, or the rights or privileges acquired thereunder to any person, natural or juridical, nor merge with any other person without the previous approval of the Congress of the Philippines. Any person, natural or juridical, to which this temporary permit may be sold, transferred or assigned, shall be subject to existing laws and regulations, or those that may hereafter be enacted; and any person 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 said temporary permit had been originally granted to such each person.