Amends NPC's Existence Period to 2100

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Republic Act No. 8984: Amends NPC's Existence Period to 2100

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Title Source: Supreme Court: Amends NPC's Existence Period to 2100

Law: Republic Act No. 8984

Decision Date: Dec 5, 2000

The Charter of the City of Balanga outlines the roles and responsibilities of various city officers and services, including the City General Services Officer, City Environment and Natural Resources Officer, City Architect, City Information Officer, City Cooperatives Officer, City Population Officer, City Agriculturist, City Fire Station Service, City Jail Service, City School Division, and City Prosecution Service, as well as the transitory and final provisions for the establishment and governance of the City.

Corporate Existence and Duration

NPC’s corporate life is fixed until December 31, 2000.
After this period, unless extended by statute, NPC continues to exist solely for liquidation purposes.
This provision replaces the original period set forth in Commonwealth Act No. 120.

Definitions within the Act

The term "Corporation" refers to the National Power Corporation.
The term "Board" refers to the National Board established under this Act.

Repeal of Conflicting Laws

Any laws, provisions, or executive orders conflicting with this amendment are repealed.

Effectivity of the Act

The Act becomes effective immediately upon approval on June 13, 1958.

END