REPUBLIC ACT NO. 518 - AN ACT GRANTING THE MANILA BROADCASTING COMPANY A TEMPORARY PERMIT TO CONSTRUCT, MAINTAIN AND OPERATE RADIO BROADCASTING STATIONS IN THE PHILIPPINES.

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

SECTION 1. Subject to the provisions of the Constitution, as well as of Act Numbered Three thousand eight hundred and forty-six, entitled "An Act providing for the regulation of radio stations and radio communications in the Philippine Islands, and for other purposes"; Act Numbered Three thousand nine hundred and ninety-seven, known as the Radio Broadcasting Law; Commonwealth Act Numbered One hundred and forty-six, known as the Public Service Act, and their amendments, and other applicable laws, the Manila Broadcasting Company, is hereby granted, a temporary permit to construct, maintain and operate, for commercial purposes and in the public interest, radio broadcasting stations in the Philippines: Provided, That this temporary permit shall be void unless the construction of least one radio broadcasting station be begun within one and a half years from the approval of said temporary pit: Provided, further, That the grantee shall provide adequate public service time to enable the Government, through the stations herein authorized, to reach the population important public issues; shall assist in the functions public information and education; shall conform to the ethics honest enterprise; and shall not use said stations for the broadcasting of obscene or indecent language or speech, or for the dissemination of deliberately false information or wilful misrepresentation, or to the detriment of the public health, or to incite, encourage or assist in subversive or treasonable acts.

SEC. 2. The grantee shall file a bond in the amount of fifty thousand pesos to guaranty for the full compliance and fulfillment of the conditions under which this temporary permit is granted.

SEC. 3. In the event of any competing individual, partnership or corporation, receiving from the Congress a similar temporary permit in which there shall be any term or terms more favorable than those herein granted or tending to place the herein grantee at any disadvantage then such term or terms shall, ipso facto, become a part of the terms hereof and shall operate equally in favor of the grantee as in the case of said competing individual, partnership or corporation.

SEC. 4. In the event the Government should desire to maintain and operate for itself any or all of the radio broadcasting stations herein authorized, the grantee shall turn over such station or stations to the Government with all the serviceable equipment therein, at cost, less reasonable depreciation.

SEC. 5. The grantee shall be liable to pay the same taxes on its real estate, buildings and personal property exclusive of the temporary permit, as other persons or corporations are now or hereafter may be required by law to pay.

SEC. 6. The grantee shall not require any previous censorship of any speech, play or other matter to be broadcast from its stations; but if any such speech, play of other matter should constitute a violation of the law a infringement of a private right, the grantee shall be free from liability, civil or criminal, for such speech, play or other matter: Provided, That the grantee, during any broadcast may cut off from the air the speech, play or other matter being broadcast if the tendency thereof is to propose and/or incite treason, rebellion or sedition, or t language used therein or the theme thereof is indecent o immoral.

SEC. 7. This Act shall take effect upon its approval.

Approved, June 14, 1950.