Friday, January 8, 2021

Duterte lets 5 franchise bills lapse into law

President Rodrigo Duterte has let 5 franchise bills lapse into law, according to the government's journal. 


The 5 laws extend by 25 years the operating licenses of the following firms, as shown on the Official Gazette:


Republic Act 11512 - Caceres Broadcasting Corp

Republic Act 11513 - Century Communications Marketing Center, Inc

Republic Act 11514 - Tandag Electric and Telephone, Inc

Republic Act 11515 - Davao Light and Power, Inc 

Republic Act 11516 - Negros Broadcasting and Publishing Corp


Bills are enacted into law when they are approved by both houses of Congress and signed by the President. The Chief Executive may veto a bill, but the House of Representatives may overturn a presidential veto by garnering a two-thirds vote, said the Official Gazette. 



If the President does not act on a proposed law submitted by Congress, it will lapse into law after 30 days of receipt, it added. 


https://news.abs-cbn.com/news/01/08/21/duterte-lets-5-franchise-bills-lapse-into-law

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