PHILIPPINE LAWS, STATUTES & CODES
PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW
ACT NO. 6140
REPUBLIC ACT NO. 6140 - AN
ACT GRANTING PHILIPPINE COMMERCIAL AND INDUSTRIAL BANK, A TEMPORARY
PERMIT TO ESTABLISH, OPERATE AND MAINTAIN PRIVATE FIXED POINT-TO-POINT,
LAND BASED, LAND MOBILE, AERONAUTICAL AND COAST-TO-SHIP RADIO STATIONS
FOR THE RECEPTION AND TRANSMISSION OF WIRELESS MESSAGES WITHIN THE
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is hereby granted to the Philippine Commercial and Industrial Bank, it
successors or assigns, a temporary permit to construct, operate and
maintain within or at such places within the Philippines as the said
bank may select, subject to the approval of the Secretary of Public
Works and Communications, private fixed point-to-point, land based,
land mobile, aeronautical and coast-to-ship radio stations for the
reception and transmission of wireless messages on radiotelegraphy or
radiotelephony, each station to be provided with a radio transmitting
apparatus and radio receiving apparatus.
Sec. 2. This temporary permit shall continue to be
in force 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 two years
from the date of the approval of this Act.
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,
operate and maintain private radio stations in such places within the
Philippines as the interest of the trade and business of the grantee
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
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 action
arising out of accidents or injuries, whether to property or to
persons, 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 hereafter enacted.
Sec. 8. The grantee, its successors or assigns, is
authorized to operate its private radio stations 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, firm, corporation, or company organized for the same
purpose, without the previous 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.
Any person, firm, company, corporation 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 temporary
permit as fully and completely and to the same extent as if the
temporary permit had 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, 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 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 privileges herein provided for.
SECTION 12. This Act shall take effect upon its
Enacted without Executive
approval, August 31, 1970.
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