PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES
REPUBLIC ACTS
REPUBLIC ACT NO. 1049 - AN
ACT GRANTING THE UNIVERSITY OF SANTO TOMAS A FRANCHISE TO CONSTRUCT,
MAINTAIN AND OPERATE A RADIO BROADCASTING STATION IN THE CITY OF MANILA
FOR EDUCATIONAL PURPOSES |
Section 1.
Subject to the provisions of the Constitution, as well as of Act
Numbered Three thousand eight hundred 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 Three
thousand nine hundred ninety-seven, known as the Radio Broadcasting
Law; Commonwealth Act Numbered One hundred forty-six, known as the
Public Service Act, and their amendments, and other applicable laws,
not inconsistent with this Act, the University of Santo Tomas is hereby
granted a franchise to construct, maintain and operate, for educational
purposes and in the public interest, a radio broadcasting station in
the City of Manila. Sec. 2. This franchise shall continue for a period of twenty-five years from the date the said station shall be put in operation, and is granted upon the express condition that the same shall be void unless the construction of said station be begun within six months from the date of approval of this Act and be completed within two years from said date.
Sec. 3. This franchise 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. 5. The radio broadcasting station of the grantee shall be so constructed and operated and the wave length so selected as to avoid interference with existing radio stations and to permit of the expansion of the grantee's services.
Sec. 6. A special right is reserved to the
President of the Philippines, in time of war, rebellion, public peril,
calamity, disaster or disturbance or peace or order, to cause the
closing of said station or to authorize the temporary use and operation
thereof by any department of the Government without compensating the
grantee for the use of said station during the period when they shall
be so operated. Sec. 8. The franchise hereby granted shall be subject to amendment, alteration, or repeal by the Congress of the Philippines when the public interest so requires. Sec. 9. Acceptance of this franchise shall be given to writing by the grantee within six months after the approval of this Act. When so accepted, the grantee shall be empowered to exercise the privileges granted thereby.
Section 10. The grantee shall not lease, transfer,
grant the usufruct of, sell or assign this franchise 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 purposes, without
the approval of the Congress of the Philippines first had. Any
corporation to which this franchise may be sold, transferred, or
assigned, shall be subject to the corporation laws of the Philippines
now existing or hereafter enacted, and any person, firm, company,
corporation or other commercial or legal entity to which this franchise
is sold, transferred, or assigned shall be subject to all conditions,
terms, restrictions and limitations of this franchise as fully and
completely and to the same extent as if the franchise had been
originally granted to the said person, firm, company, corporation or
other commercial or legal entity.
Section 12. This Act shall take effect upon its
approval. Approved: June 12, 1954 |