[ REPUBLIC ACT NO. 6532, July 22, 1972 ]
AN ACT GRANTING VICTORIA MARKETING CORPORATION A PERMIT TO CONSTRUCT, ESTABLISH, OPERATE AND MAINTAIN PRIVATE FIXED, POINT-TO-POINT, LAND-BASED AND LAND-MOBILE OR PORTABLE RADIO STATIONS FOR THE TRANSMISSION AND RECEPTION OF WIRELESS MESSAGES ON RADIOTELEGRAPH OR RADIOTELEPHONE WITHIN THE PHILIPPINES.
Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:
Section 1. There is hereby granted to Victoria Marketing Corporation or its successors, a permit to construct establish, operate and maintain in such places in the Philippines where it operates or transacts its business or renders its services, subject to the approval of the Secretary of Public Works and Communications or any licensing authority, private fixed, point-to-point, land-based and land-mobile or portable radio stations for transmission and reception of wireless messages on radiotelegraph or radiotelephone, inclusive of but not limited to facsimile, radioteletype, nationally and internationally each station to be provided with radio transmitting equipment and or receiving equipment as necessary.
Section 2. The permit herein granted shall continue to be in force during the time that the grantee or its successors conducts its business or services at the places selected by the grantee, not to exceed twenty-five years from the date of the approval of this Act and is granted upon the express condition that the same shall be void unless the construction or installation of at least two radio stations be completed within two years from the date of the approval of this Act.1âшphi1
Section 3. The grantee or its successors shall not engage in domestic public telecommunications business in the Philippines, it being understood that the purpose of this permit is to secure to the grantee or its successors the right to construct, install, operate and maintain its radio stations herein granted at the places above-mentioned for the primary purpose of promoting and protecting the business and other interests of the grantee.
Section 4. No fees shall be charged by the grantee as the radio stations that may be established by virtue of this Act, shall be engaged in communications regarding the grantee's business interests.
Section 5. The grantee or its successors is authorized to operate its radio stations herein granted in the frequency of frequencies that may be assigned to it by the Secretary of Public Works and Communications, or by any licensing authority.
Section 6. The grantee or its successors shall so construct and operate its radio stations as not to interfere with operation of other radio stations maintained and operated in the Philippines.
Section 7. The grantee or its successors shall hold the national, provincial and municipal governments of the Philippines free from all claims, accounts, demands, or actions arising, out of accidents or injuries, whether to property or to person, caused by the construction or operation of its radio stations.
Section 8. The grantee or its successors shall be subject to the corporation laws of the Philippines now existing hereafter enacted.
Section 9. A special right is hereby reserved to the President of the Philippines in time of war, insurrection, public peril or other national emergency and when public safety requires to cause the closing of the grantees other national emergency and when public safety requires, to cause the closing of the grantee's radio station stations or to authorize the temporary use or possession thereof by any department of the Government upon just compensation to the grantee for the use of said stations during the continuance of the national emergency.
This 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 in exclusive grant of the privilege herein provided for.
Section 10. The grantee shall not lease, transfer, grant the usufruct of, sell or assign this permit, or the rights and privileges acquired thereunder, to any person, firm, company, corporation, or other commercial or legal entity, nor merge with any 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 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 permit is sold, transferred or assigned shall be subject to all conditions, terms, restrictions and limitations of this permit as fully and completely and to the same extent as if the permit had been originally granted to the said person, firm, company, corporation or other commercial or legal entity.
Section 11. This Act shall take effect upon its approval.
Enacted without the Executive approval, July 22, 1972.
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