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PHILIPPINE LAWS, STATUTES & CODES
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PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW
LIBRARYREPUBLIC ACTS
REPUBLIC
ACT NO. 5418
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REPUBLIC ACT NO. 5418 - AN
ACT GRANTING MARSTEEL CORPORATION A TEMPORARY PERMIT TO CONSTRUCT,
OPERATE AND MAINTAIN PRIVATE FIXED POINT-TO-POINT AND LAND-BASED AND
LAND-MOBILE RADIO STATIONS FOR THE RECEPTION AND TRANSMISSION OF RADIO
COMMUNICATIONS WITHIN THE PHILIPPINES
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Section
1. There is hereby granted to Marsteel Corporation a
temporary permit to construct, operate and maintain within the
Philippines at such places as the grantee may select, subject to the
approval of the Secretary of Public Works and Communications, private
fixed point-to-point and land-based and land-mobile radio stations for
the reception and transmission of wireless messages on radiotelegraphy
or radiotelephony duplex type, each station to be provided with radio
transmitting apparatus and a radio receiving apparatus.
Sec. 2. This temporary permit shall continue to be
in force for during the time that the Government has not established
similar service at the places selected by the grantee, and is granted
upon the express condition that the same shall be void unless the
construction or installation of said stations be begun within one year
from the date of approval of this Act and be completed within two years
from said date.
Sec. 3. The grantee, its successors or assigns,
shall not engage in domestic business of telecommunications in the
Philippines without further special assent of the Congress of the
Philippines, it being understood that the purpose of this temporary
permit is to secure to the grantee the right to construct, install,
maintain and operate private radio stations in such places within the
Philippines as the interest of the grantee may justify.
Sec. 4. No fees shall be charged by the grantee as
the radio stations that may be established by virtue of this Act shall
engage in communications regarding the grantee's business only.
Sec. 5. The grantee, its successors or assigns,
shall so construct and operate its radio stations as not to interfere
with the operation of other radio stations maintained and operated in
the Philippines.
Sec. 6. The grantee, its successors or assigns,
shall hold the national, provincial, city and municipal governments of
the Philippines harmless from all claims, accounts, demands or actions
arising out of accidents or injuries, whether to property or person,
caused by the construction or operation of its radio stations.
Sec. 7. The grantee, its successors or assigns,
shall be subject to the corporation laws of the Philippines now
existing or which may hereafter enacted.
Sec. 8. The grantee, its successors or assigns, is
authorized to operate its radio station in the medium frequency, high
frequency, and very high frequency, that may be assigned to it by the
Secretary of Public Works and Communications.
Sec. 9. The grantee shall not lease, transfer,
grant the usufruct of, sell or assign this temporary permit, or the
rights or privileges acquired thereunder to any person, firm, company,
corporation or other commercial or legal entity, nor merge with any
other person, company or corporation organized for the same purpose,
without the approval of the Congress of the Philippines first had. Any
corporation to which this temporary permit 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 temporary
permit 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 temporary permit
has been originally granted to the said person, firm, company,
corporation or other commercial or legal entity.
SECTION 10. A special right is hereby reserved to the
President of the Philippines in time of war, insurrection, public
peril, emergency, calamity or disaster to cause the closing of the
grantee's radio stations or to authorize the temporary use or
possession thereof by any department of the Government upon payment of
just compensation.
SECTION 11. This temporary permit shall be subject to
amendment, alteration, or repeal by the Congress of the Philippines
when the public interest so requires, and shall not be interpreted as
an exclusive grant of the privilege herein provided for.
SECTION 12. This Act shall take effect upon its
approval.
Enacted without Executive
approval, June 15, 1968.
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