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5 franchise bills lapsed into law
By VIRGIL LOPEZ, GMA News
Five franchise bills lapsed into law on December 26 last year after President Rodrigo Duterte did not act on them on time.
The new laws extended for another 25 years the franchises of the following companies:
- Cruz Telephone Company, Inc. (Republic Act 11512)
- Century Communications Marketing Center Inc. (RA 11513)
- Tandag Electric and Telephone Company, Inc. (RA 11514)
- Davao Light and Power Company, Inc. (RA 11515)
- Negros Broadcasting and Publishing Corp. (RA 11516)
Under the Constitution, a bill that is neither signed nor vetoed by the President will automatically lapse into law 30 days after it was forwarded by Congress.
Copies of the new measures were posted on the website of the Official Gazette.—AOL, GMA News
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