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
Year:
1961
Category:
Other
Date Approved:
June 17, 1961
Summary
Plain-language AI-assisted summary — not the official text. As of July 1, 2026. Read the full text below or on the official source.
This Act authorizes the Manila Chronicle to sell, transfer, or assign its rights and privileges acquired under a previous Republic Act to the Chronicle Broadcasting Network. It ensures that the new entity will be subject to the same conditions and terms as originally granted.Full Text
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
Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:
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.
Section 2. This Act shall take effect upon its approval.
Approved: June 17, 1961.
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Republic Acts are laws passed by the Congress of the Philippines. This content is sourced from LawPhil (lawphil.net) for reference purposes. For official and authoritative texts, please refer to the Official Gazette.