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REPUBLIC ACT NO. 4033 - AN ACT
GRANTING THE INSULAR LIFE ASSURANCE CO., LTD., AND THE LAS ARENAS,
INC., A PERMIT TO CONSTRUCT, ESTABLISH, MAINTAIN AND OPERATE PRIVATE
FIXED POINT-TO-POINT AND LAND BASED AND LAND-MOBILE RADIO STATIONS,
WITH CORRESPONDING RELAY AND LAND AND SEA MOBILE STATIONS, FOR THE
RECEPTION AND TRANSMISSION OF RADIO COMMUNICATIONS WITHIN THE
PHILIPPINES
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| SECTION
1. There is hereby granted to the Insular Life
Assurance Co., Ltd., and the Las Arenas, Inc., their successors or
assigns, a permit to construct, establish, maintain and operate in the
Philippines, at such places as the said grantees 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 on
radiotelegraphy or radiotelephony, each stations to be provided with a
radio transmitting apparatus and radio receiving apparatus; each fixed
point station to be further provided, according to its needs, with a
suitable radio receiving and radio transmitting apparatus which shall
enable the station to communicate with land and sea mobile stations. SECTION 2. This permit shall continue to be in force until such time as the Government has not established similar and identical services at the places selected by the grantees. This permit shall be null and void unless the construction of at least one of the stations allowed by this permit is begun within one year from the date of the approval of this Act, and completed within two years from said date, unless the grantees are prevented from establishing such service by force majeure or other reasonable cause, as may be determined by the Secretary of Public Works and Communications. SECTION 3. The President of the Philippines shall have the power and authority to permit the location of any of the stations covered by this permit on lands or water of the public domain upon such terms as he may prescribe. SECTION 4. The grantees, their successors or assigns, shall not engage in domestic business of telecommunications in the Philippines without special assent from Congress, it being expressly understood that the purpose of this permit is to secure to the grantees the right and privilege of constructing, establishing, maintaining and operating radio communications facilities for the private interests of the grantees. SECTION 5. Under this permit, the Secretary of Public Works and Communications shall allot the frequencies and wave lengths to be used by the grantees, their successors or assigns, and the grantees shall not use frequencies and wave lengths other than those thus allotted; but, whenever necessary the grantees may use the international distress frequency of five hundred kilocycles and the high distress frequency of eight thousand two hundred eighty kilocycles. SECTION 6. No fees shall be charged by the grantee as the radio stations that may be established under this permit shall be used and operated only in communications regarding their business only. SECTION 7. The grantees shall so construct and operate their radio stations as not to interfere with the operation of other radio stations maintained and operated within the Philippines. SECTION 8. The grantees, their successors or assigns, shall hold the harmless the national, provincial and municipal governments of the Philippines from all claims, accounts, demands, and actions arising out of accidents or injuries, whether to property or to persons, caused by the construction or operation of their radio stations. SECTION 9. 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 grantees' radio stations or to authorize the temporary use or possession thereof by any department of the Government upon payment of just compensation. SECTION 10. The grantees shall not lease, transfer, grant the use of, sell or assign this permit, or the rights and privileges acquired by virtue of this permit, to any person, firm, company, corporation or other legal or commercial 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 temporary permit may be sold, transferred, or assigned shall be subject to the corporation laws of the Philippines now existing or hereafter to be enacted, and any person, firm, company, corporation or other legal or commercial entity to which this permit is sold, transferred, or assigned shall be subject to all the conditions, terms, restrictions and limitations of this permit as fully and completely and to the same extent as if the permit had been originally granted to the said person, firm, company, corporation or other legal or commercial entity. 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 privileges herein provided for. SECTION 12. This Act shall take effect upon its approval. Approved: June 18, 1964 |
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