Republic Act No. 2401: An act granting the national broadcasting network, inc. a franchise to construct, maintain and operate radio broadcasting and television stations in the philippines

Republic Act No. 2401

An act granting the national broadcasting network, inc. a franchise to construct, maintain and operate radio broadcasting and television stations in the philippines

An Act Granting the National Broadcasting Network, Inc. a Franchise to Construct, Maintain and Operate Radio Broadcasting and Television Stations in the Philippines

In plain language

Republic Act No. 2387 grants the National Broadcasting Network, Inc. a franchise to construct, maintain and operate radio and television stations, subject to conditions such as timely construction, bond payment, public service obligations, and compliance with existing broadcasting laws.

Franchise granted with conditions of timely construction and completion

Bond of fifty thousand pesos required

Public service time and prohibition of indecent content

Application of existing broadcasting laws

Compensation for government takeover of stations

Presidential authority to close stations during emergencies

franchise

broadcasting

television

radio

public service

REPUBLIC ACT No. 2401

An Act Repealing Republic Act Numbered Nineteen Hundred Seventy-Five

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

Republic Act Numbered Nineteen hundred seventy-five, entitle "An Act to grant to Amador Dayola and R. Mulet (partners) a franchise for an electric light, heat and power system in the Municipality of Panabo, Province of Davao," is hereby repealed.

Section 2

This Act shall take effect upon its approval.

Approved: June 21, 1959.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.