REPUBLIC ACT NO. 5910 - AN
ACT AMENDING THE TITLE AND CERTAIN SECTIONS OF REPUBLIC ACT NUMBERED
TWELVE HUNDRED AND SEVENTY-TWO, ENTITLED "AN ACT GRANTING THE MONSERRAT
BROADCASTING SYSTEM, INCORPORATED, A TEMPORARY PERMIT TO CONSTRUCT,
MAINTAIN AND OPERATE RADIO BROADCASTING STATIONS IN THE PHILIPPINES"
Section 1. The title of Republic Act Numbered Twelve hundred
and seventy-two is hereby assembled to read as follows:
"An Act granting the Monserrat Broadcasting System, Incorporated, a
franchise to construct, maintain and operate radio broadcasting
stations in the Philippines."
Sec. 2. Section s one, two, three, four and five of
the same Act are hereby amended to read as follows:
"Section 1. Subject to the provisions of the
Constitution, as well as of Act Numbered Thirty-eight hundred and 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 Thirty-nine hundred and ninety-seven, known as
the radio Broadcasting Law; Commonwealth Act Numbered One hundred and
forty-six, known as the Public Service Act, and their amendments, and
other applicable laws, the Monserrat Broadcasting System, Incorporated,
is hereby granted a franchise for a period of fifty years from the
approval of this amendatory Act, to construct, maintain and operate,
for commercial purposes and in the public interest, radio broadcasting
stations in the Philippines: Provided, That the grantee shall provide
adequate public service time to enable the Government, through the
stations herein authorized, to reach the population on important
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 grantee shall file a bond in the amount
of fifty thousand pesos to guaranty for the full compliance and
fulfillment of the conditions under which this franchise is granted. If
after four years from the date of the approval of this Act, the grantee
shall have fulfilled said conditions, or as soon thereafter as the
grantee shall have fulfilled the same, the bond aforesaid shall be
cancelled by the Government.
"Sec. 3. In the event of any competing individual,
partnership or corporation receiving from the Congress a similar
temporary permit of franchise in which there shall be any term or terms
more favorable than those herein granted or tending to place the herein
grantee at any disadvantage, then such term or terms shall, ipso facto
become a part of the term hereof and shall operate equally in favor of
the grantee as in the case of said competing individual, partnership or
corporation.
"Sec. 4. In the event of war, rebellion, insurrection
or similar national crisis and the Government shall find it necessary
to maintain and operate for itself any or all of the radio broadcasting
stations herein authorized, the grantee shall temporarily turn over
such station or stations to the Government after payment of just and
reasonable compensation for the use thereof.
"Sec. 5. The grantee shall be liable to pay the same
taxes on its real estate, buildings and personal property, exclusive of
the franchise, as other person or corporations are now or hereafter may
be required by law to pay."
Sec. 3. This Act shall take effect upon its
approval.
Enacted without Executive
approval, June 21, 1969.
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