Duration and Conditions of the Permit
- The temporary permit is valid while no similar government service exists at the selected places, but for no longer than twenty-five years.
- Construction of radio stations must begin within one year from the Act's approval.
- Completion of construction must occur within two years from approval.
- Failure to comply voids the permit.
Scope of Operations and Limitations
- The grantee, its successors or assigns, may not engage in domestic telecommunications business without special Congress authorization.
- The permit specifically grants the right to construct, install, maintain, and operate private radio stations related to the grantee's interests.
No Fees to Be Charged
- The grantee shall not impose fees for communications.
- Radio stations established under the permit are for communications regarding the grantee's business exclusively.
Non-Interference Requirement
- The grantee must ensure that the operation of its radio stations does not interfere with other radio stations operating in the Philippines.
Indemnification of Government
- The grantee guarantees to hold harmless all national, provincial, city, and municipal governments from claims or actions arising from accidents or injuries linked to the construction or operation of the stations.
Compliance with Corporation Laws
- The grantee and successors are subject to existing and future Philippine corporation laws.
Frequency Bands Authorization
- Authorized to operate radio stations on medium frequency, high frequency, and very high frequency bands assigned by the Secretary of Public Works and Communications.
Restrictions on Transfer and Assignment
- The permit and associated rights cannot be leased, transferred, sold, or assigned without prior congressional approval.
- Any transferee is subject to the same conditions and corporation laws as the original grantee.
Presidential Special Rights in Emergencies
- The President may close the radio stations or authorize government use during war, insurrection, emergency, or calamity upon payment of just compensation.
Congressional Authority Over the Permit
- Congress may amend, alter, or repeal the permit when public interest requires.
- The permit is not an exclusive privilege.
Effectivity
- The Act takes effect upon its approval on June 19, 1965.