SEC. 2. Renewal/Extension of the Term of Franchise. — This franchise shall be for a term of twenty-five (25) years from the date of effectivity of this Act. This franchise shall be deemed ipso facto revoked in the event that the grantee fails to operate continuously for two (2) years.
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 9969 Section 2 (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).