PHILIPPINE LAWS, STATUTES AND CODES - CHAN ROBLES VIRTUAL LAW LIBRARY
REPUBLIC ACT NO. 5498 - AN ACT GRANTING TO FIRST CONTINENTAL ASSURANCE COMPANY, INC. A TEMPORARY PERMIT TO CONSTRUCT, INSTALL, ESTABLISH AND OPERATE PRIVATE FIXED POINT-TO- POINT AND PRIVATE BASED AND LAND MOBILE RADIO STATIONS FOR THE RECEPTION AND TRANSMISSION OF RADIO COMMUNICATIONS
1. There is hereby granted to First Continental
Assurance Co., Inc., its successors and assigns, the right and
privilege of constructing, installing, establishing and operating in
the Philippines and at such places as the said corporation 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, such private fixed point-to-point and private
based and land mobile radio stations for the reception and transmission
of wireless message on radiotelephone, each station to consist of two
or more radio apparatus comprising of receiving and sending
communications regarding its business activities.
Sec. 2. This temporary permit shall continue to be in force during the time that the Government has not established similar service in places selected by the grantee, and is made upon the express condition that the same shall be void unless the construction of said stations be completed within, one year from the date of approval of this Act.
Sec. 3. The First Continental Assurance Co., Inc. shall not engage in domestic business of telecommunications in the Philippines, it being understood that the purpose of this temporary permit is to secure the grantee the right to construct, install, establish and operate private fixed point-to-point and private based and land mobile stations in places within the Philippines as the interest of its business activities justify.
Sec. 4. A special right is hereby reserved to the President of the Republic of the Philippines in time of war, insurrection, public peril, calamity, disaster, or disturbance of peace or order to cause the closing of any or all stations or to authorize the temporary use or possession thereof by any department of the Government.
Sec. 5. 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. 6. The grantee, its successors or assigns, shall hold the national, provincial and municipal governments of the Philippines harmless from all claims, accounts, demands, or actions, arising out of accidents or injuries, whether to property or to persons caused by the construction or operation of the stations for reception and transmission of wireless messages by the grantee, its successors or assigns.
Sec. 7. 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. 8. No private property shall be taken for any purpose by the grantee of this temporary permit, its successors or assigns, without proper condemnation proceedings and just compensation paid or tendered therein, and any authority to take and occupy land contained herein shall not authorized the taking, use or occupation of any land except such as is required for the actual necessary purpose for which the temporary permit is granted. All lands or rights of use and occupation of lands granted to the grantee, shall, upon the termination of this temporary permit or upon its revocation or repeal, revert to the national, provincial or municipal government to which such land or right to use and occupy the same was conceded to the grantee herein, its successors or assigns.
Sec. 9. This temporary permit shall not be interpreted to mean as an exclusive grant of the privilege, herein provided for and is granted subject to the condition that it shall be subject to amendment, alteration, or repeal by the Congress when the public interest so requires.
SECTION 10. This Act shall take effect upon its approval.
Approved: June 21, 1969