Law Summary
Presidential Authority Over Station Location on Public Domain
- The President of the Philippines has the power to permit the placement of these radio stations on public domain land.
- The terms of such placement are prescribed by the President.
Restriction on Engagement in Domestic Telecommunications Business
- VESCO is prohibited from engaging in domestic telecommunications business without special congressional assent.
- The permit's purpose is limited to allowing VESCO to construct and operate radio stations relevant to its business interests.
Government's Special Rights During Emergencies
- The President may close VESCO’s stations or authorize government use in cases of war, insurrection, emergency, calamity, or disaster.
- Any such use requires just compensation to the grantee.
Prohibition on Charging Communication Fees
- VESCO shall not charge fees for communications over the radio stations established under this Act.
- The communications must be solely for the grantee's business purposes.
Obligations to Prevent Radio Interference
- VESCO must construct and operate its stations to avoid interference with other radio stations in the Philippines.
Indemnification of Government Entities
- VESCO shall hold the national, provincial, city, and municipal governments harmless from all claims, damages, or actions arising from accidents or injuries caused by the construction or operation of its stations.
Compliance with Philippine Corporate Laws
- VESCO is subject to all existing and future Philippine corporation laws.
Authorized Frequency Bands for Radio Operations
- VESCO is authorized to operate radio stations within medium frequency, high frequency, and very high frequency bands assigned by licensing authorities.
Congressional Authority to Amend or Repeal
- This temporary permit may be amended, altered, or repealed by Congress if public interest requires.
- It does not grant an exclusive privilege to the grantee.
Definition of "Grantee"
- The term "grantee" includes Villa Escudero Corporation, its successors, or assigns.
Effectivity
- The Act takes effect upon approval, enacted without Executive approval on June 21, 1969.