Practice question
A concessionaire wholly operates and controls a public-use electricity distribution system. It claims it cannot be a public utility because it does not own every physical asset. Which is correct?
- Ownership of every asset is indispensable
- The definition includes operation, management, or control, and expressly includes qualifying concessionaires
- Concessions are always excluded
- Only asset sellers can be utilities
- The system becomes private merely by calling it a concession
Legal references
- https://lawphil.net/statutes/repacts/ra2022/ra_11659_2022.html — RA 11659, sections 2, 4 and 13 amending CA 146
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