REPUBLIC ACT NO. 5922 - AN ACT GRANTING RICARDO BONILLA A FRANCHISE TO CONSTRUCT, MAINTAIN AND OPERATE A RADIO BROADCASTING STATION IN THE CITY OF LIPA
1. Subject to the provisions of the Constitution, as
well as of Act Numbered Three thousand eight hundred forty-six,
entitled "An Act providing for the regulation of radio stations and
radio communications in the Philippine Islands, and for other
purposes"; Act Numbered Three thousand nine hundred ninety seven, known
as the Radio Broadcasting Law; Commonwealth Act Numbered One hundred
forty-six, known as the Public Service Act, and their amendments, and
other applicable laws, not inconsistent with this Act, Ricardo Bonilla
is hereby granted a franchise to construct, maintain and operate a
radio broadcasting station in the City of Lipa. |
Sec. 2. This franchise shall continue for a period of twenty-five years from the approval of this Act, and is granted upon the express condition that the same shall be void unless the construction of the radio station be started within six months from the date of approval of this Act and be completed within two years from said date.
Sec. 3. This franchise is likewise made upon the express condition that the grantee shall contribute to the public welfare, shall assist in the function of public information and education, shall conform to the ethics of honest enterprise, and shall not use his station for the dissemination of deliberately false information or willful misrepresentation, or to the detriment of public health, or to incite, encourage or assist in subversive or treasonable acts.
Sec. 4. The grantee's radio broadcasting station shall not be put in actual operation until the Secretary of Public Works and Communications shall have allotted to the grantee the frequency and wave length to be used under this franchise and issued to the grantee a license for such use.
Sec. 5. The radio broadcasting station of the grantee shall also be constructed and operated and the wave length so selected as to void interference with existing radio stations and permit the expansion of the grantee's service.
Sec. 6. A special right is reserved to the President of the Philippines in time of war, rebellion, public peril, calamity, disaster or disturbance of peace or order, to cause the closing of said station or to authorize the temporary use and operation thereof by any department of the Government without compensating grantee for the use of said station during the period it shall be so operated.
Sec. 7. The grantee shall be liable to pay the same taxes, unless exempted therefrom, on his real estate, buildings, and personal property, exclusive of the franchise, as other persons or corporations are now or hereafter may be required by law to pay.
Sec. 8. The franchise hereby granted shall be subject to amendment, alteration, or repeal by the Congress of the Philippines when the public interest so requires.
Sec. 9. Acceptance of this franchise shall be given in writing by the grantee within six months after the approval of this Act. When so accepted, the grantee shall be empowered to exercise the privilege granted thereby.
SECTION 10. The grantee shall not lease, transfer, grant the usufruct of, sell or assign this franchise or the rights and privileges acquired thereunder to any person, firm, company, corporation or other commercial or legal entity, nor merge with any other company or corporation organized for the same purpose, without the approval of the Congress of the Philippines.
Any corporation to which this franchise may be sold, transferred or assigned shall be subject to the corporation laws of the Philippines now existing or hereafter enacted, and any person, firm, company, corporation or other commercial or legal entity to which this franchise is sold, transferred or assigned shall be subject to all conditions, terms, restrictions and limitations of this franchise as fully and completely and to the same extent as if the franchise had been originally granted to the said person, firm, company, corporation or other commercial or legal entity.
SECTION 11. In consideration of this franchise the grantee shall pay a tax equivalent to five per centum of his gross income.
SECTION 12. This Act shall take effect upon its approval.
Enacted without Executive
approval, June 21, 1969.