Extension of PNR Corporate Life by 50 Years

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Republic Act No. 10638: Extension of PNR Corporate Life by 50 Years

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Title Supreme Court: Extension of PNR Corporate Life by 50 Years

Law: Republic Act No. 10638

Decision Date: Jun 16, 2014

Republic Act No. 10638 extends the corporate life of the Philippine National Railways for fifty years, granting it the authority to operate the railway system in the Philippines under the supervision of the Department of Transportation and Communications.

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Corporate Name, Main Office, and Branches

The corporation shall be officially known as the Philippine National Railways.
Its principal office is located in the City of Manila.
The PNR is authorized to maintain branches and agencies within the Philippines as necessary for its operations.

Government Oversight

The PNR is placed under the supervision and control of the Department of Transportation and Communications, ensuring government oversight and alignment with national transportation policies.

Legislative Amendments

This law amends Section 1 of Republic Act No. 4156, as previously amended, specifically addressing the tenure and operational structure of the PNR.

Effectivity

The Act takes effect immediately upon its publication in the Official Gazette or in any newspaper of general circulation, facilitating prompt implementation.

Enactment and Approval

The Act consolidates House Bill No. 4089 and Senate Bill No. 1831.
It was passed by the House of Representatives on May 21, 2014, and by the Senate on May 19, 2014.
The law was approved by the President of the Philippines on June 16, 2014.

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