Question & AnswerQ&A (Republic Act No. 4415)
The primary purpose of Republic Act No. 4415 is to grant Samson Enterprises, Inc. the franchise to construct, operate, and maintain ice and cold storage plants in the Municipality of Mandaluyong, Province of Rizal, and to sell the ice and cold storage services throughout the entire Province of Rizal.
Samson Enterprises, Inc. is the grantee of the franchise under Republic Act No. 4415.
The franchise covers the construction, operation, and maintenance of ice and cold storage plants in the Municipality of Mandaluyong, Province of Rizal, and the sale of ice and cold storage services throughout the entire Province of Rizal.
All apparatus and appurtenances used by the grantee must be modern, safe, and first-class in every respect. The grantee is required to change or alter any apparatus and appurtenances at their own expense when so ordered by the Public Service Commission for public interest.
The franchise is valid for a period of twenty-five years from the date of approval of the Act.
The grantee must begin the construction of additional ice and cold storage plants in Mandaluyong within four years from the approval of the Act and complete the construction within six years. Failure to do so results in the additional plants not being allowed to operate unless prevented by extraordinary causes such as acts of God, force majeure, martial law, riots, civil commotion, usurpation by military power, or other causes beyond the grantee's control.
The grantee is required to keep the books, records, and accounts open to inspection by the Provincial Treasurer of Rizal or authorized representatives and must submit quarterly reports showing gross receipts to the Provincial Treasurer, who forwards one copy to the Auditor General for filing.
The schedule of prices and rates shall at all times be subject to regulation by the Public Service Commission.
The franchise is subject to the provisions of Commonwealth Act Numbered 146, as amended, regarding the fixing of rates by the Public Service Commission.
The grantee shall pay a franchise tax of five percent of the gross earnings under this franchise, with three percent accruing to the National Government and two percent to the municipality where the franchise is operated.
Yes, the Act may be amended, altered, or repealed by the Congress of the Philippines when public interest so requires.