Republic Act No. 3952

: The title is 'An Act Approving the Sale, Transfer, and Assignment by the Plywood Industries, Inc., Grantee of the Franchise Granted Under Republic Act No. 2228, to the Mindanao Plywood Corporation.'
: The franchise granted under Republic Act No. 2228 to Plywood Industries, Inc., which allows it to construct, maintain, and operate point-to-point radio stations in the Philippines.
: Plywood Industries, Inc. (the original grantee) and Mindanao Plywood Corporation (the transferee).
: Section 1 approves the sale, transfer, and assignment of the franchise by Plywood Industries, Inc. to Mindanao Plywood Corporation, subject to the provisions of Republic Act No. 2228.
: This approval legally allows the transfer of the rights and privileges of the franchise from Plywood Industries, Inc. to Mindanao Plywood Corporation to operate point-to-point radio stations.
: Yes, it is subject to the provisions of Republic Act No. 2228.
: This Act took effect upon its approval, which was on June 18, 1964.
: The legal effect is that Mindanao Plywood Corporation is authorized to exercise the rights under the franchise originally granted to Plywood Industries, Inc.
: The franchise was granted by the Philippine Congress through Republic Act No. 2228.
: It pertains to point-to-point radio stations.