PHILIPPINE LAWS, STATUTES, CODES & ISSUANCES
PHILIPPINE LAWS, STATUTES AND CODES
REPUBLIC ACTS
REPUBLIC ACT NO. 2373 - AN ACT
AMENDING THE TITLE AND SECTION ONE AND TEN, AND REPEALING SECTION THREE
OF REPUBLIC ACT NUMBERED TWO THOUSAND THIRTY-SEVEN |
Section 1.
The title of Republic Act Numbered Two thousand
thirty-seven is amended to read as follows: "An Act granting Mr. Ricardo P.
Ocampo, residing at number one hundred forty C. Francisco, Makati,
Rizal, Philippines, a temporary permit to construct, install, establish
and operate public radiotelephone and radiotelegraph coastal stations,
with the corresponding relay stations, and public fixed and public
based and land mobile stations and radio-paging system for the
reception and transmission of radiotelephone and radiotelegraph
communications within the Philippines."
Sec. 2. Section one of the same Act is amended to read as follows: "Section 1.
There is hereby granted and conceded to Mr. Ricardo P. Ocampo, residing
at 140 C. Francisco, Makati, Rizal, Philippines, his successors or
assigns, the temporary right and privilege of constructing, installing,
establishing and operating in the Philippines and at such places as the
grantee may select, subject to the approval of the Department Secretary
under whose jurisdiction the Radio Control Division is functioning, or
any competent authority who is or shall be authorized now or in the
future to give said approval, public coastal radio stations with the
corresponding relay stations, and public fixed and public based and
land mobile stations and radio-paging system for the reception and
transmission of wireless messages on radiotelephony (voice) and/or
radiotelegraphy, or both, within the Philippines and with vessels at
sea andrcrafts over ther, irrespective of whether such vessels
andrcrafts are within or without the Philippines."
Sec. 3. Section ten of the same Act is amended to read as follows: "Section 10. As
a condition of the granting of this temporary permit the grantee shall
execute a bond in favor of the Government of the Philippines in the sum
of twenty-five thousand pesos, in form and with sureties satisfactory
to the Secretary of Public Works and Communications, 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 the acceptance of this temporary permit,
the grantee shall have fulfilled the same, the bond aforesaid shall be
cancelled by the Secretary of Public Works and Communications.
Sec. 4. Section three of the same Act is repealed.
Sec. 5. This Act shall take effect upon its
approval. Approved: June 20, 1959 |