REPUBLIC ACT No. 2961 - AN ACT AMENDING CERTAIN SECTIONS OF REPUBLIC ACT NUMBERED TWENTY-THREE HUNDRED SEVENTY-NINE, ENTITLED "AN ACT GRANTING SEGUNDINO B. INOVEJAS A FRANCHISE TO CONSTRUCT, OPERATE AND MAINTAIN AN ICE PLANT IN THE MUNICIPALITY OF CATBALOGAN, PROVINCE OF SAMAR, AND TO SELL ICE THEREIN."
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
SECTION 1. Section two of Republic Act Numbered Twenty-three hundred seventy-nine is amended to read as follows:
"SEC. 2. The grantee shall manufacture and supply ice up to the limit of the capacity of the plant."
SEC. 2. Section four of the same Act is amended to read as follows:
"SEC. 4. If the grantee shall not commence the manufacture and distribution of ice in the Municipality of Catbalogan Province of Samar, within one year from the approval of this amendatory Act, unless prevented by an act of God, or force majeure, martial law, riot, civil commotion, usurpation by a military power or any other cause beyond grantee's control, this franchise shall become null and void."
SEC. 3. Section five of the same Act is amended to as follows:
"SEC. 5. This franchise is granted subject to the provisions of Commonwealth Act Numbered One hundred forty. six, as amended, only with respect to the fixing of rates and with the understanding and upon the condition that it shall be subject to amendment, alteration or repeal by the Congress of the Philippines when public interest so requires."
SEC. 4. This Act shall take effect upon its approval.
Enacted without Executive approval, June 19, 1960.
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