REPUBLIC ACT NO. 1587 - AN ACT
GRANTING FLORENDO P. AQUINO A TEMPORARY PERMIT TO CONSTRUCT, MAINTAIN
AND OPERATE RADIO BROADCASTING STATION IN THE CITY OF BAGUIO |
Section 1.
Subject to the provisions of the Constitution, as well as Act of
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,
Florendo P. Aquino is hereby granted a temporary permit to construct,
maintain and operate for commercial purposes and in the public
interest, a radio broadcasting station in the City of Baguio: Provided,
That this temporary permit shall be void unless the construction of the
radio broadcasting station be begun within one year from the date of
approval of this Act and be completed within two years from said date:
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; 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.cralaw Sec. 2. 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 permit is granted, and
shall not, during the lifetime of this permit, sell, transfer or assign
the same to another without the consent of Congress. Sec. 4. In the event the Government should desire to maintain or 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.cralaw Sec. 5. The grantee shall be liable to pay the
same taxes on its real estate, buildings and personal property,
exclusive of the temporary permit, as other persons or corporations are
now or hereafter may be required by law to pay. Sec. 7. This Act shall take effect upon its
approval.cralaw Approved: June 16, 1956 |