Republic Act No. 2310: An act granting isidora b. pador a franchise for an electric light, heat and power system in the municipality of batan, province of aklan

In plain language

The Republic Act No. 2294 grants Isidora B. Pador a 25‑year franchise to construct, maintain, and operate an electric light, heat, and power system in Batan, Aklan, with provisions for National Power Corporation negotiations and surrender of the franchise if the government takes over.

Grant of a 25‑year franchise for electric light, heat and power system.

Authorization of the National Power Corporation to negotiate rates.

Requirement to surrender franchise and equipment if government assumes operation.

electricity

franchise

municipality

Aklan

REPUBLIC ACT No. 2310

An Act to Amend the Armed Forces Retirement Act so that the Benefits Therein Granted Shall not be Subject to Attachment, Levy, Execution, or Any Tax Whatsoever

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

Section 1

Republic Act Numbered Three hundred forty, otherwise known as the Armed Forces Retirement Act, is amended by inserting between sections ten and eleven thereof the following new section:

Sec. 10-A The benefits herein granted shall not be subject to attachment, levy, execution or any tax whatsoever.

Section 2

This Act shall take effect upon its approval.

Approved: June 19, 1959.

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.