REPUBLIC ACT NO. 1996 - AN
ACT TO FURTHER AMEND REPUBLIC ACT NUMBERED FIVE HUNDRED SEVENTEEN,
ENTITLED "AN ACT GRANTING EDUARDO LOPEZ A TEMPORARY PERMIT TO
CONSTRUCT, MAINTAIN AND OPERATE A COMMERCIAL RADIO BROADCASTING STATION
IN THE PHILIPPINES," AS AMENDED BY REPUBLIC ACT NUMBERED FIFTEEN
HUNDRED AND FORTY-FIVE |
Section
1. Section one of Republic Act Numbered Five hundred
seventeen, as amended by Republic Act Numbered Fifteen hundred and
forty-five, is hereby further amended to read as follows: "Section 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,
there is hereby granted to Eduardo Lopez, a permit to construct,
maintain and operate, for commercial purposes and in the public
interest, radio broadcasting stations in the Philippines: Provided,
That this permit shall be void unless the construction of the said
stations be begun within one and a half years from the approval of said
permit: Provided, further, That the grantee shall provide adequate
public service time to enable the Government, through the stations
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 stations 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. The title of Republic Act Numbered Five hundred seventeen, as amended by Republic Act Numbered Fifteen hundred and forty-five, is hereby further amended to read as follows: "An Act granting Eduardo Lopez a
permit to construct, maintain and operate commercial radio broadcasting
stations in the Philippines." Sec. 3. Section two of Republic Act Numbered Five hundred seventeen, as amended by Republic Act Numbered Fifteen hundred and forty-five, is hereby further amended to read as follows: "Sec. 2.
This 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. 4. Section three of Republic Act Numbered Five hundred seventeen, as amended by Republic Act Numbered Fifteen hundred and forty-five, is hereby further amended to read as follows: "Sec. 3. The
grantee shall file a bond in the amount of fifty thousand pesos for
every radio broadcasting station to guaranty for the full compliance
and fulfillment of the conditions under which this permit is granted." Sec. 5. This Act shall take effect upon its approval. Approved: June 22, 1957 |