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| REPUBLIC ACT NO. 8162 - AN ACT
AMENDING Sec. ONE OF REPUBLIC ACT NUMBERED SEVENTY-ONE HUNDRED SIXTY
THREE, ENTITLED "AN ACT GRANTING PROGRESSIVE BROADCASTING CORPORATION A
FRANCHISE TO CONSTRUCT , INSTALL, OPERATE AND MAINTAIN, FOR COMMERCIAL
PURPOSES, RADIO BROADCASTING STATIONS AND TELEVISIONS STATIONS IN METRO
MANILA AND IN REGION I, VI AND VII, AND FOR OTHER PURPOSES," FOR THE
PURPOSE OF EXTENDING ITS OPERATION THROUGHOUT THE PHILIPPINES |
| Section
1. Section 1 of republic Act No. 7163 is hereby
amended to read as follows: "Sec. 1. Nature and Scope of Franchise. — Subject to the provisions of the Constitution and applicable laws, rules and regulations, there is hereby granted to the Progressive Broadcasting Corporation, hereunder referred to as the grantee, its successors or assigns, the franchise to construct, install operate and maintain, for commercial purposes and in the public interest, radio broadcasting stations and televisions stations throughout the Philippines with the corresponding technological auxiliaries or facilities for special broadcast and other program and distribution services and relay stations and to install radio communication facilities for the grantee's private use in its broadcast services." Sec. 2. Effectivity Clause. — This Act shall take effect fifteen (15) days from the date of its publication in at least two (2) newspapers of general circulation in the Philippines. Approved, Lapsed into law on Sep. 23, 1995, without the signature of the President, in accordance with Article VI, Section 27 (1) of the Constitution |
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