Log inSign up

Republic Act No. 2058

An act creating a public corporation to be known as the cavite electricity distributing authority

An Act Creating a Public Corporation to be Known as the Cavite Electricity Distributing Authority

In plain language

An act to create the Cavite Electricity Distributing Authority (CEDA) for consolidating and centralizing the generation and distribution of electric light, heat and power in the Province of Cavite.

  • Creation of the Cavite Electricity Distributing Authority
  • Powers and general functions of the Authority
  • Corporate governance and officers
  • Regulatory and rate‑setting authority
  • Eminent domain and property transactions
Electricity
Public Corporation
Cavite

REPUBLIC ACT No. 2058

An Act to Amend Section One of Commonwealth Act Numbered One Hundred Twenty Fixing the Period of Existence of the National Power Corporation

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

Section one of Commonwealth Act Numbered One hundred twenty is amended so as to read as follows:

> "Sec. 1. For the purpose of undertaking the development of water for hydroelectric power and the production of power from other sources and for other purposes specified in this Act, there is hereby created a public Corporation which shall be known as the National Power Corporation, and which shall exist until December thirty-one, twenty hundred. Unless its corporate life is extended anew, the corporation shall continue thereafter as a corporate body for such time as may be necessary for the purpose of liquidation. The words Corporation and Board appearing in this Act shall respectively refer to the National Power Corporation and the National Board, hereinafter created."

Section 2

All laws or provisions of laws and executive orders contrary to this Act are hereby repealed.

Section 3

This Act shall take effect upon its approval.

Approved: June 13, 1958.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.