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Republic Act No. 517

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REPUBLIC ACTS




REPUBLIC ACT NO. 517
REPUBLIC ACT NO. 517 - AN ACT GRANTING EDUARDO LOPEZ A TEMPORARY PERMIT TO CONSTRUCT, MAINTAIN AND OPERATE A COMMERCIAL RADIO BROADCASTING STATION IN THE PROVINCE OF ILOILO

Section 1. Subject to the provisions of the Constitution, as well as of Act No. 3846, entitled "An Act providing for the regulation of radio stations and radio communications in the Philippine Islands, and for other purposes", Act No. 3997, known as the Radio Broadcasting Law, Commonwealth Act No. 146, known as the Public Service Act, and their amendments, and other applicable laws, there is hereby granted to Eduardo Lopez, a temporary permit to construct, maintain and operate, for commercial purposes and in the public interest, a radio broadcasting station in the province of Iloilo: Provided, That this temporary permit shall be void unless the construction of the said station be begun within one and a half years from the approval of said temporary permit: Provided, further, That the grantee shall provide adequate public service time to enable the Government, through the station herein authorized, to reach the population, on important public issues; shall assist in the functions of public information and education; shall conform to the ethics of honest enterprise; and shall not use said station for the broadcasting of obscene or indecent language or speech, or for the dissemination of deliberately false information or willful misrepresentation, or to the detriment of the public health, or to incite, encourage or assist in subversive or treasonable acts.

Sec. 2. This temporary permit shall continue to be in force during the time that the Government has not established similar service at the places selected by the grantee.

Sec. 3. The grantee shall file a bond in the amount of ten thousand pesos to guaranty for the full compliance and fulfillment of the conditions under which this franchise is granted.

Sec. 4. In the event of any competing individual partnership or corporation receiving from the Congress a similar temporary permit in which there shall be any term or terms more favorable than those herein granted or tending to place the herein grantee at any disadvantage, then such term or terms shall, ipso facto, become a part of the terms hereof and shall operate equally in favor of the grantee as in the case of said competing individual, partnership or corporation.

Sec. 5. In the event the Government should desire to maintain and operate for itself the radio broadcasting station herein authorized, the grantee shall turn over such station to the Government with all the serviceable equipment therein, at cost, less reasonable depreciation.

Sec. 6. This Act shall take effect upon its approval.

Approved: June 14, 1950

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