Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. There is hereby granted to Visayan Electric Company, Inc. a temporary permit to construct, operate and maintain in the City of Cebu and in such places as the grantee may select and the Secretary of Public Works and Communications may approve, private fixed point-to-point and land mobile radio stations for the transmission and reception of wireless messages by radio telegraph or radio telephone, each station to be provided with a radio transmitting apparatus.

SEC. 2. This temporary permit shall continue to be in force during the time that the Government has not established a similar service at the places selected by the grantee, and is granted upon the express condition that the same shall be void unless the construction or installation of said stations be begun within two years from the date of approval of this Act and completed within four years from said date.

SEC. 3. The grantee, its successors or assigns, shall not engage in the domestic business of telecommunications in the Philippines without further special assent of the Congress of the Philippines, it being understood that the purpose of this temporary permit is to secure to the grantee the right to construct, install, operate and maintain private fixed point-to-point and land mobile radio stations in such places within the Philippines as the interest of the grantee may justify.

SEC. 4. No fees shall be charged by the grantee as the radio stations that may be established by virtue of this Act shall engage in communications regarding the grantee's business only.

SEC. 5. The grantee, its successors or assigns, shall so construct and operate its radio stations as not to interfere with the operation of other radio stations operated and maintained in the Philippines.

SEC. 6. The grantee, its successors or assigns, shall hold the national, provincial, city and municipal governments of the Philippines free from all claims, accounts, demands, or actions arising out of accidents or injuries, whether to property or to persons, caused by the construction or operation of the radio stations.

SEC. 7. The grantee, its successors or assigns, is authorized to operate its fixed point-to-point and land mobile radio stations in the medium frequency, high frequency, and very high frequency that may be assigned to it by the Secretary of Public Works and Communications.

SEC. 8. The grantee, its successors or assigns, shall be subject to the corporation laws of the Philippines now existing and hereafter enacted.

SEC. 9. The grantee shall not lease, transfer, grant the usufruct of, sell or assign this temporary permit or the rights and privileges acquired thereunder to any person, firm, company, corporation or other commercial or legal entity, nor merge with any other person, company, corporation organized for the same purpose without approval of the Congress of the Philippines first had. Any corporation to which this temporary permit may be sold, transferred, assigned, or ceded, shall be subject to the corporation laws of the Philippines now existing or hereafter enacted, and any person, firm, company, corporation or other commercial or legal entity to which this temporary permit is sold, transferred, or assigned shall be subject to all the conditions, terms, restrictions and limitations of this temporary permit as fully and completely and to the same extent as if the temporary permit had been originally granted to said person, firm, company, corporation or other commercial or legal entity,

SEC. 10. A special right is hereby granted or reserved to the President of the Philippines in time of war, insurrection, public peril, emergency, calamity or disaster to cause the closing of the grantee's radio stations or to authorize the temporary use or possession thereof by any department of the Government upon payment of just compensation.

SEC. 11, This temporary permit shall be subject to amendment, alteration, or repeal by the Congress of the Philippines; when the public interest so requires, and shall not be interpreted as an exclusive grant of the privilege herein provided for.

SEC. 12. This Act shall take effect upon its approval.

Enacted without Executive approval, August 4, 1969.