SECTION 1. Sections one, three and six of Republic Act Numbered Five hundred seventeen are hereby amended, and another section is hereby added thereto, to read as follows:
"SECTION 1. Subject to the provisions of the Constitution, as well as of Act Numbered Three thousand eight hundred 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 ninety-seven, known as the Radio Broadcasting Law, Commonwealth Act Numbered One hundred forty-six, known as the Public Service Act, and their amendments, and other applicable laws, there is hereby granted to Eduardo Lopez, a temporary permit to construct, maintain and operate, for commercial purposes and in the public interest, a radio broadcasting station in the Philippines: Provided, That this temporary permit shall be void unless the construction of the said station be begun within one and a half years from the approval of said temporary permit: Provided, further, That the grantee shall provide adequate public service time to enable the Government, through the station herein authorized, to reach the population on important public issues; shall assist in the functions of public information and education; shall conform to the ethics of honest enterprise; and shall not use said station for the broadcasting of obscene or indecent language or speech, or for the dissemination of deliberately false information or willful misrepresentation, or to the detriment of the public health, or to incite, encourage or assist in subversive or treasonable acts.
"SEC 2. This temporary permit shall continue to be in force during the time that the Government has not established similar service at the places selected by the grantee.