ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Republic Acts :
REPUBLIC ACTS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
REPUBLIC ACT NO. 514 - AN ACT
GRANTING THE MINDANAO COLLEGES A TEMPORARY PERMIT TO ESTABLISH A RADIO
BROADCASTING STATION |
Section 1. There
is hereby granted to the Mindanao Colleges, hereinafter referred to as
the "grantee," a temporary permit to construct, maintain and operate in
the Philippines, at such place as the said grantee may select, subject
to the approval of the Secretary of Commerce and Industry, a radio
broadcasting station for commercial and educational purposes.
Sec. 2. This temporary permit shall continue to be in force during the time that the government has not established similar service at the place selected by the grantee, and is made upon the express condition that the same shall be void unless the construction of said station be begun within one and a half years from the approval of said temporary permit. Sec. 3. This grant and concession is likewise made upon the express condition that the grantee shall contribute to the public welfare, shall assist in the functions of public information and education, shall conform to the ethics of honest enterprise, and shall not use its station 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. 4. (a) This temporary permit shall not take
effect nor shall any powers thereunder be exercised by the grantee
until the Secretary of Commerce and Industry shall have allotted to the
grantee the frequencies and wave lengths to be used thereunder and
issued to the grantee license for such use. Sec. 5. The station of the grantee shall be so constructed and operated that a minimum of interference will result and the wave lengths selected with a view to avoiding interference with existing stations and to permit of the expansion of the grantee's services. Sec. 6. A special right is reserved to the Government of the Republic of the Philippines, in time of war, insurrection, or domestic trouble, to take over and operate the said station upon the order and direction of any authorized department of the Government of the Philippines without compensating the grantee for the use of said station during the period when they shall be so operated by the said Government. Sec. 7. The right is hereby reserved to the Government of the Philippines, through the Public Service Commission, or such other office as may be thereunto duly authorized, to fix the maximum and minimum rates to be charged by the grantee. Sec. 8. The grantee shall keep an account of the gross receipts of the business transacted by it, and shall furnish to the Auditor General and the Treasurer of the Philippines a copy of such account not later than the thirty-first day of January of each year for the preceding year. For the purpose of auditing accounts so rendered to the Auditor General and National Treasurer, all of the books and accounts of the grantee shall be subject to the official inspection of the Auditor General or his authorized representatives, and the audit and approval of such accounts shall be final and conclusive evidence as to the amount of said gross receipts, except that the grantee shall have the right to appeal to the Courts, under the terms and conditions provided in the laws of the Philippines. Sec. 9. (a) The grantee shall be liable to pay the
same taxes, unless exempted therefrom, 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. Section 10. The grantee shall hold the National, provincial, 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 the station of the grantee. Section 11. The grantee shall be subject to the corporation laws of the Philippines now existing or hereafter enacted. Section 12. The grantee shall not issue stocks or bonds except in exchange for actual cash or for property at a fair valuation equal to the par value of the stocks or bonds so issued, and shall not declare stock or bond dividends. Section 13. The temporary permit hereby granted shall be subject to amendment, alteration, or repeal by the Congress of the Philippines when the public interest so requires. Section 14. The grantee shall execute a bond in favor of the Government of the Philippines in the sum of fifty thousand pesos, in a form and with sureties satisfactory to the Secretary of Commerce and Industry, conditioned upon the faithful performance of the grantee's obligations hereunder during the first three years of the life of this temporary permit. If, after three years from the date of acceptance of this temporary permit, the grantee shall have fulfilled said obligations, or as soon thereafter as the grantee shall have fulfilled the same, the bond aforesaid shall be cancelled by the Secretary of Commerce and Industry. Section 15. Acceptance of this temporary permit shall be given in writing within six months after the approval of this Act. When so accepted by the grantee and upon the approval of the bond aforesaid by the Secretary of Commerce and Industry the grantee shall be empowered to exercise the privileges granted thereby. Section 16. The grantee shall not lease, transfer,
grant the usufruct of, sell or assign this temporary permit nor the
rights and privileges acquired thereunder to any person, firm, company,
corporation or other commercial or legal entity, nor merge with any
other company or corporation organized for the same purpose, without
the approval of the Congress of the Philippines first had. Section 17. The grantee shall not require any previous censorship of any speech, play or other matter to be broadcast from its stations; but if any such speech, play or other matter should constitute a violation of the law or infringement of a private right, the grantee shall be free from any liability, civil or criminal, for such speech, play or other matter: Provided, That the grantee, during any broadcast may cut off from ther the speech, play or other matter being broadcast if the tendency thereof is to propose and/or incite treason, rebellion or sedition, or the language used therein or the theme thereof is indecent or immoral. Section 18. The term Public Service Commission, as herein used, means said commission as from time to time constituted, or any other governmental body as from time to time constituted or hereafter created in place of or to succeed the said Public Service Commission. Section 19. This temporary permit shall not be interpreted as an exclusive grant of the privileges herein provided for. Sec. 20. This Act shall take effect upon its
approval. Approved: June 14, 1950 |
chanroblesvirtuallawlibrary