REPUBLIC ACT NO. 4602 - AN ACT GRANTING AGRO-INDUSTRIAL DEVELOPMENT OF SILAY-SARAVIA, INC., A PERMIT TO CONSTRUCT, MAINTAIN AND OPERATE PRIVATE FIXED POINT-TO-POINT AND LAND-BASED AND LAND-MOBILE RADIO STATIONS FOR THE RECEPTION AND TRANSMISSION OF RADIO COMMUNICATIONS WITHIN THE PHILIPPINES
1. There is hereby granted to the Agri-Industrial
Development of Silay-Saravia, Incorporated, its successors or assigns,
a permit to construct, maintain and operate in the Philippines, and at
such places as the said company may select, subject to the approval of
the Secretary of Public Works and Communications, private fixed
point-to-point and land based and land mobile radio stations for the
reception and transmission of wireless messages by radiotelegraph or
radiotelephone, each station to be provided with a radio transmitting
apparatus and a radio receiving apparatus. |
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, but not exceeding twenty-five years, and is granted upon the express condition that the same shall be void unless the construction from the date of approval of this Act and be completed within two years from said date.
Sec. 3. The grantee, its successors or assigns, shall not engage in domestic business of telecommunications in the Philippines without further special assent of the Congress of the Philippines, it being understood that the purpose of this permit is to secure to the grantee the right to construct, install, maintain and operate private fixed point-to-point and land based and land mobile radio stations at such places within the Philippines as the interest of the grantee may justify.
Sec. 4. No fees shall be charged by the grantee as the radio stations that may be established by virtue of this Act shall engage in communications regarding the grantee's business only.
Sec. 5. The grantee, its successors or assigns, shall so construct and operate its radio stations as not to interfere with the operation of other radio stations maintained and operated in the Philippines.
Sec. 6. The grantee, its successors or assigns, shall hold the national, provincial, city, and municipal governments of the Philippines harmless from all claims, accounts, demands, or actions arising out of accidents or injuries, whether to property or to persons, caused by the construction or operation of its radio stations.
Sec. 7. The grantee, its successors or assigns, shall be subject to the corporation laws of the Philippines now existing or hereafter enacted.
Sec. 8. The grantee, its successors or assigns, is authorized to operate its private fixed point-to-point and land-based and land-mobile radio stations in the medium frequency, high frequency, and very high frequency that may be assigned to it by the Secretary of Public Works and Communications.
Sec. 9. The grantee shall not lease, transfer, grant the usufruct of, sell or assign this permit, nor the rights or privileges acquired thereunder to any person, firm, company, corporation or other commercial or legal entity, nor merge with any other person, company or corporation organized for the same purpose, without the approval of the Congress of the Philippines first had. Any corporation to which this permit 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 permit is sold, transferred, or assigned shall be subject to all conditions, terms, restrictions and limitations of this permit as fully and completely and to the same extent as if the permit has been originally granted to the said person, firm, company, corporation or other commercial or legal entity.
SECTION 10. A special right is hereby reserved to the President of the Philippines in time of war, insurrection, public peril, emergency, calamity or disaster to cause the closing of the grantee's radio stations or to authorize the temporary use or possession thereof by any department of the Government upon payment of just compensation.
SECTION 11. This permit shall be subject to amendment, alteration, or repeal by the Congress of the Philippines when the public interest so requires, and shall not be interpreted as an exclusive grant of the privilege herein provided for.
SECTION 12. This Act shall take effect upon its approval.
Approved: June 19, 1965