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 ACT NO. 7301 - AN ACT GRANTING SATELLITE PAGING SYSTEMS PHILIPPINES, INC., A FRANCHISE TO CONSTRUCT, ESTABLISH, OPERATE AND MAINTAIN RADIO PAGING SYSTEMS AND TRUNKED RADIO SYSTEMS WITHIN THE PHILIPPINES FOR A PERIOD OF TWENTY-FIVE (25) YEARS, AND FOR OTHER PURPOSES.
Section 1. Nature and Scope of Franchise. — Subject to the provisions of the Constitution and applicable laws, rules and regulations of the National Telecommunications Commission, there is hereby granted to Satellite Paging Systems Philippines, Inc., hereunder referred to as the grantee or its successors, a franchise to construct, establish, operate and maintain for commercial purposes and in the public interest, radio paging systems and mobile communication services limited to trunked radio technology within the Philippines and to install corresponding transmitting and receiving stations and communication facilities at such places in the Philippines as may be necessary and convenient.
Sec. 2. Prior Approval of the National Telecommunications Commission. — The grantee shall secure from the National Telecommunications Commission the appropriate permits and licenses for its stations and shall not use any frequency in the radio spectrum without having been authorized by the Commission. The stations of the grantee shall be constructed and operated in a manner as will at most result only in the minimum interference on the wavelengths or frequencies of the existing stations or other stations which may be established in accordance with law of other telecommunications services grantees, without in any way diminishing its own right to use its selected wavelengths or frequencies and the quality of transmission or reception thereon as would maximize rendition of the grantee's services and/or the availability thereof.
Sec. 3. Responsibility to the Public. — The grantee shall conform to the ethics of honest enterprise and shall not use its stations for obscene or indecent transmissions or for the dissemination of deliberately false information or willful misrepresentation or assist in subversive or treasonable acts.
Sec. 4. Rates for Services. — The subscription charges and rates for services excluding the sale or lease of the equipment or unit that the grantee shall offer to the public shall be subject to the approval of the National Telecommunications Commission or its legal successors.
Sec. 5. Rights of Government. — A special right is hereby reserved to the President of the Philippines in times of war, rebellion, public peril, calamity, emergency, disaster or disturbance of peace and order to take over and operate the stations, transmitter systems, facilities and equipment of the grantee or to authorize the temporary use and operation thereof by any department of the Government upon due compensation to the grantee for the use of said stations, transmitter systems, facilities and equipment during the period when they shall be operated.
Sec. 6. Term of Franchise. — This franchise shall be for a term of twenty-five (25) years from the date of effectivity of this Act, unless sooner revoked or cancelled. In the event the grantee fails to operate continuously for two (2) years or to commence operation within two (2) years from the date of effectivity of this Act, this franchise shall be deemed ipso facto revoked.
Sec. 7. Acceptance and Compliance. — Acceptance of this franchise shall be given in writing to the National Telecommunications Commission within sixty (60) days after the effectivity of this Act. The grantee shall operate the radio paging systems and mobile communication services based on trunked radio technology for which this franchise is granted within two (2) years from the date of its acceptance in writing of this franchise. Refusal or failure to accept the franchise or to operate within the prescribed periods shall render the franchise void.
Sec. 8. Ownership. — In compliance with the constitutional mandate to democratize ownership of public utilities, the herein grantee shall make public offering through the stock exchange of at least thirty percent (30%) of its common stocks within a period of three (3) years from the date of approval of this Act: provided, that no single person or entity shall be allowed to own more than five percent (5%) of the stock offerings.
Sec. 9. Tax Provisions. — The grantee or its
successors shall be liable to pay the same taxes on their real estate,
buildings and personal property, exclusive of this franchise, as other
persons or corporations are now or hereafter may be required by law to
pay. In addition thereto, the grantee or its successors shall pay a
franchise tax equivalent to three percent (3%) of all gross receipts of
the business transacted under this franchise by the grantee or its
successors, and the said percentage shall be lieu of all taxes on this
franchise or earnings thereof: provided, that the grantee or its
successors shall continue to be liable for income taxes payable under
Title II of the National Internal Revenue Code pursuant to Sec. 2 of
Executive Order No. 72 unless the latter enactment is amended or
repealed, in which case the amendment or repeal shall be applicable
Approved: March 26, 1992