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RA 8583 Section 5

RA 8583 Section 5

Term of Franchise.

Section 5

SEC. 5. Term of Franchise. - This franchise shall be for a term of twenty-five (25) years from the date of effectivity of this Act, unless sooner revoked or canceled. This franchise shall be deemed ipso facto revoked in the event the grantee fails to comply with any of the following conditions: Commence operations within one (1) year from the approval of its permit by the Civil Aeronautics Board; Operate continuously for two (2) years; and Commence operations within two (2) years from the effectivity of this Act.

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Other provisions in RA 8583

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 8583 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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