REPUBLIC ACT NO. 2953 - "AN ACT TO AMEND SECTIONS ONE, THREE AND FOUR OF REPUBLIC ACT NUMBERED EIGHTEEN HUNDRED AND FORTY-THREE, ENTITLED "AN ACT GRANTING AGUINALDO DEVELOPMENT CORPORATION A TEMPORARY PERMIT TO CONSTRUCT, ESTABLISH, MAINTAIN AND OPERATE PRIVATE FIXED POINT-TO-POINT RADIO STATIONS FOR THE RECEPTION AND TRANSMISSION OF RADIO COMMUNICATIONS WITHIN THE PHILIPPINES."

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

SECTION 1. Section one of Republic Act Numbered eighteen hundred and forty-three is hereby amended to read as follows:

"SECTION 1. There is hereby granted to the Aguinaldo Development Corporation, its successors or assigns, a temporary permit to construct, establish, maintain and operate in the Philippines, at such places as the said company may select, subject to the approval of the Secretary of Public Works and Communications, private fixed point-to-point and land based, land mobile, private aeronautical, and private coastal link radio stations for the reception and transmission of wireless messages on radiotelegraphy or radiotelephony, each station to be provided with a radio transmitting apparatus and a radio receiving apparatus."

SEC. 2. Section three of the same Act is hereby amended to read as follows:

SEC. 3. This temporary permit shall continue to he in force during the time that the Government has not established 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 of said stations be begun within two years from the date of approval of this Act and be completed within three years from said date."

SEC. 3. Section four of the same Act is amended to read as follows:

"SEC. 4. The grantee, its successors or assigns, shall not engage in 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, establish, maintain and operate private fixed point-to-point and land based, land mobile, private aeronautical, private coastal link radio stations in such places within the Philippines as the interest of the company and of its trade and business 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. This Act shall take effect upon its approval.

Enacted without Executive approval, June 19, 1960.