Transfer of Radio-TV Rights to Chronicle Network

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Republic Act No. 3223: Transfer of Radio-TV Rights to Chronicle Network

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Title Source: Supreme Court: Transfer of Radio-TV Rights to Chronicle Network

Law: Republic Act No. 3223

Decision Date: Jun 17, 1961

Republic Act No. 3223 allows the Manila Chronicle to sell its broadcasting rights to the Chronicle Broadcasting Network, transferring all conditions and limitations of the original permit.

Law Summary

Conditions and Limitations on Assignment

The Chronicle Broadcasting Network will assume all conditions, terms, restrictions, and limitations of the original permit granted to the Manila Chronicle.
This assumption is as comprehensive as if the permit had originally been granted to CBN.

Effectivity of the Law

The Act becomes effective immediately upon approval.
It was approved on June 17, 1961.

END