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RA 7723 Section 3

RA 7723 Section 3

Term of Franchise.

Section 3

SEC. 3. Term of Franchise. — This franchise shall be for a term of twenty-five (25) years from the date the first of said stations shall be placed in operation, and is granted upon the express condition that the same shall be void unless the construction of said stations be begun within two (2) years from the date of the approval of this Act and be completed within five (5) years from such date.

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Other provisions in RA 7723

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 7723 Section 3 (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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