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RA 7583 Section 5

RA 7583 Section 5

Terms of Franchise.

Section 5

SEC. 5. Terms of Franchise. – This franchise shall be for a term of forty (40) years from the date of effectivity of this Act, unless sooner revoked or cancelled. In the event that the grantee fails to operate within two (2) years from the effectivity of this Act, this franchise shall be deemed ipso facto revoked.

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Other provisions in RA 7583

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 7583 Section 5 (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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