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This web page features the full text of the
Build-Operate-Transfer Law
 [Republic Act No. 7718]
 
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AN ACT AMENDING CERTAIN SECTIONS OF REPUBLIC ACT NO. 6957,
ENTITLED "AN ACT AUTHORIZING THE FINANCING,
CONSTRUCTION, OPERATION AND MAINTENANCE OF INFRASTRUCTURE PROJECTS BY THE PRIVATE SECTOR, AND FOR OTHER PURPOSES"
[ REPUBLIC ACT NO. 7718 ]
 
SECTION 1. Section 1 of Republic Act No. 6957 is hereby amended to read as follows:
 SEC. 2.  Section 2 of the same Act is hereby amended to read as follows:
SEC. 3.  Section 3 of the same Act is hereby amended to read as follows:
SEC. 4. Section 4 of the same act is hereby amended to read as follows:
SEC. 5. A new section is hereby added after Section 4 of the same Act and numbered as Section 4-A, to read as follows:
SEC. 6. Section 5 of the same Act is hereby amended to read as follows:
SEC. 7.  A new section is hereby added after Section 5 of the same Act and numbered as Section 5-A, to read as follows:
SEC. 8. Section 6 of the same Act is hereby amended to read as follows:
SEC. 9. Section 7 of the same Act is hereby amended to read as follows:
SEC. 10. Section 8 of the same Act is hereby amended to read as follows:
SEC. 11. Section 9 of the same Act is hereby amended to read as follows:
SEC. 12.  A new section to be numbered as Section 10 is hereby added to read as follows:
SEC. 13. Section 10 of the same Act is hereby renumbered as Section 11 to read as follows:
SEC. 14.  A new section to be numbered as Section 12 is hereby added to read as follows:
SEC. 15. Section 11, 12 and 13 of the same Act are hereby renumbered as Sections 13, 14, and 15, respectively.
SEC. 16. Repealing Clause. -  All laws or parts of any law inconsistent with the provisions of this Act are hereby repealed or modified accordingly.

SEC. 17. Separability Clause. - If any provision of this Act is held invalid, the other provisions not affected thereby shall continue in operation.

SEC. 18. Effectivity Clause. -  This Act shall take effect fifteen [15] days after its publication in at least two (2) newspapers of general circulation. 
 

Approved:
 

  [Sgd.] EDGARDO J. ANGARA                      [Sgd.] JOSE DE VENECIA, JR.
             President of the Senate               Speaker of the House of Representatives

This Act which is a consolidation of House Bill No. 10943 and Senate Bill No. 1586 was finally passed by the House of Representatives and the Senate on April 12, 1994 and April 27, 1994, respectively.
 

  [Sgd.] EDGARDO E. TUMANGAN            [Sgd.] ROBERTO P. NAZARENO
              Secretary of the Senate                          Acting Secretary General
                                                                          House of Representatives

Approved: 8 MAY 1994

 
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