[ Commonwealth Act No. 221, November 29, 1936 ]
AN ACT TO AMEND SECTIONS THREE AND TWENTY-ONE OF ACT NUMBERED FOUR THOUSAND TWO HUNDRED AND SEVENTY-ONE, ENTITLED "AN ACT GRANTING A FRANCHISE TO PHILIPPINE AERIAL TAXI COMPANY, INCORPORATED, TO OPERATE AN AIR TRANSPORT SERVICE IN THE PHILIPPINES, AND FOR OTHER PURPOSES."
Be it enacted by the National Assembly of the Philippines:
Section 1. Section three of Act Numbered Four thousand two hundred and seventy-one is hereby amended so as to read as follows:
"Section 3. The grantee shall fix just, reasonable and uniform rates for the transportation of passengers and freight, subject to the supervision and approval of the Public Service Commission. Any order of the Public Service Commission made under this section shall be subject to review by the.Supreme Court in the same manner as the decisions of said Commission in other cases.
"All aircraft used by the grantee shall be licensed by the Government of the Philippines, and, together with its accessories and equipment, shall be at all times modern, safe and first class; it shall be provided with a radio transmitting set whenever the voyage is in excess of one hour, and, whenever the voyage is in excess of three hours, it shall carry a pilot and an assistant and shall have as many life preservers as there may be passengers.
"The service and equipment of the grantee shall be at all time subject to inspection and supervision by the Department of Public Works and Communications whose decisions shall be binding until revoked or annulled by the courts for excess or abuse of jurisdiction.
"The grantee shall comply with the provisions of Act Numbered Thirty-nine hundred and nine, as amended by Act Numbered Thirty-nine hundred and ninety-six, and the regulations, promulgated thereunder from time to time."
Section 2. Section twenty-one of said Act is hereby amended by inserting at the end of said section the following proviso:
"Provided, however, That with the approval of the President of the Philippines, the grantee may lease, transfer, grant the usufruct of, sell or assign, wholly or partially, this franchise and rights and privileges acquired thereunder to, or it may merge with, another corporation holding a franchise from this Government."
Section 3. This Act shall take effect upon its approval.
Approved, November 29, 1936.
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