Authority of Manila Chronicle to Sell, Transfer or Assign Franchise to Chronicle Broadcasting Network
Republic Act No. 3223, enacted on June 17, 1961, authorizes the Manila Chronicle to sell, transfer, or assign its rights and privileges under Republic Act No. 1343, which permits it to operate radio and television broadcasting stations in the Philippines. The Chronicle Broadcasting Network, a registered corporation, will receive these rights and must adhere to all existing conditions and limitations of the original permit. This Act takes effect immediately upon approval and was published in the Official Gazette on February 5, 1962.
Law Information
- Reference Number
- Republic Act No. 3223
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 17, 1961
REPUBLIC ACT NO. 3223
AN ACT AUTHORIZING THE MANILA CHRONICLE TO SELL, TRANSFER OR ASSIGN IN FAVOR OF THE CHRONICLE BROADCASTING NETWORK ITS RIGHTS AND PRIVILEGES ACQUIRED UNDER REPUBLIC ACT NUMBERED THIRTEEN HUNDRED AND FORTY-THREE
SECTION 1. The Manila Chronicle is hereby authorized and empowered to sell, transfer, or assign all the rights and privileges acquired by it under Republic Act Numbered Thirteen hundred and forty-three, entitled "An Act granting the Manila Chronicle a permit to construct, maintain and operate radio broadcasting stations and stations for television in the Philippines," in favor of the Chronicle Broadcasting Network, a corporation duly registered under the laws of the Philippines. The said vendee, transferee, or assignee shall be subject to all the conditions, terms, restrictions and limitations of the said permit as fully and completely and to the same extent as if the said permit had been originally granted to the said vendee, transferee or assignee. cd
SECTION 2. This Act shall take effect upon its approval.
Approved: June 17, 1961
Published in the Official Gazette, Vol. 58, No. 6, p. 1085 on February 5, 1962
Cite This Law
Authority of Manila Chronicle to Sell, Transfer or Assign Franchise to Chronicle Broadcasting Network, Republic Act No. 3223, Jun 17, 1961 (Philippines)
Authority of Manila Chronicle to Sell, Transfer or Assign Franchise to Chronicle Broadcasting Network, Republic Act No. 3223 (Phil. 1961)
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