Question & AnswerQ&A (Republic Act No. 2286)
Republic Act No. 2286 grants the Municipality of Buhi, Province of Camarines Sur, a franchise to construct, maintain, and operate an electric light, heat, and power system within its territorial limits for a period of twenty-five years.
The franchise is granted to the Municipality of Buhi, Province of Camarines Sur.
The franchise is granted for a period of twenty-five years from the approval of the Act.
The Municipality of Buhi obtains the right, privilege, and authority to construct, maintain, and operate an electric light, heat, and power system for generating and distributing electric light, heat, and/or power for sale within the municipality.
The franchise is subject to the terms and conditions established in Act No. 3636, as amended by Commonwealth Act No. 132, and to the provisions of the Philippine Constitution.
If the grantee purchases electric heat and power from the National Power Corporation, the NPC is authorized to negotiate and transact rates for the benefit and in the interest of the public consumers.
If the government decides to maintain and operate the system itself, the Municipality of Buhi must surrender its franchise and turn over all serviceable equipment to the government at cost less reasonable depreciation.
Yes, the act takes effect upon its approval.
The government's right to take over is mentioned in Section 3.
'Serviceable equipment' refers to all usable and functioning equipment related to the electric light, heat, and power system that the Municipality of Buhi operates, which must be turned over to the government if it decides to take over.