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H. No. 7173 / 60 OG No. 51, 8437 (December 21, 1964)

[ REPUBLIC ACT NO. 3994, June 18, 1964 ]

AN ACT APPROVING ANY ASSIGNMENT, SALE AND TRANSFER OF THE FRANCHISE GRANTED TO BUTUAN SAWMILL, INC., UNDER REPUBLIC ACT NUMBERED EIGHTEEN HUNDRED FORTY-NINE, IN FAVOR OF THE MUNICIPAL GOVERNMENT OF LIANGA, PROVINCE OF SURIGAO DEL SUR.





Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION  1. Subject to the terms and conditions prefixed in Act Numbered Thirty-six hundred thirty-six, to the provisions of the   Constitution, approval is hereby given to any assignment, sale and transfer of the franchise granted to Butuan Sawmill, Inc.,to  install, operate and maintain an electric light, heat, and power tern in the Municipality of Lianga, Province of Surigao Sur, under Republic Act Numbered Eighteen hundred forty-nine, in favor of the Municipal   Government of Lianga, Province of Surigao del Sur, together with all the property and equipment acquired thereunder.

SEC. 2. This Act shall take effect upon its approval.

Approved, June 18, 1964.
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