AN ACT EXTENDING THE FRANCHISE GRANTED TO THE IGLESIA NI CRISTO TO CONSTRUCT, INSTALL, ESTABLISH AND OPERATE RADIO STATIONS FOR PRIVATE TELECOMMUNICATIONS UNDER REPUBLIC ACT NUMBERED FORTY-THREE HUNDRED AND THIRTY-NINE TO ANOTHER TWENTY-FIVE YEARS

• Number: Republic Act No. 7225
• Sections: 6

Section 1

SECTION 1. The life of the franchise of the Iglesia ni Cristo to construct, install, establish and operate radio stations for private telecommunications under Republic Act Numbered Forty-three hundred and thirty-nine is hereby extended to another twenty-five (25) years from February 10, 1994.

Section 2

SEC. 2. All other provisions, terms and conditions contained in Republic Act Numbered Forty-three hundred and thirty-nine which are otherwise not affected hereby are made integral parts of this Act.

Section 3

SEC. 3. The franchise hereby granted shall be subject to amendment, alteration or repeal by the Congress of the Philippines when the common good so requires.

Section 4

SEC. 4. In addition to the terms and conditions herein provided, the Iglesia ni Cristo, shall submit an annual report to the Congress of the Philippines on its compliance with the terms and conditions of the franchise and on its operations within sixty (60) days from the end of every year.

Section 5

SEC. 5. The grantee shall comply with and be subject to the provisions of a general telecommunications policy law that may hereafter be enacted.

Section 6

SEC. 6. This Act shall take effect fifteen (15) days from the date of its publication in at least two (2) newspapers of general circulation in the Philippines.

Approved,

(Sgd.) NEPTALI A. GONZALES

(Sgd.) RAMON V. MITRA

President of the Senate

Speaker of the House of Representatives

This Act which originated in the House of Representatives was finally passed by the House of Representatives and the Senate on January 15, 1992 and December 17, 1991, respectively.

(Sgd.) ANACLETO D. BADOY, JR.

(Sgd.) CAMILO L. SABIO

Secretary of the Senate

Secretary General House of Representatives

Approved: March 12, 1992

CORAZON C. AQUINOPresident of the Philippines

Lapsed into law on March 12, 1992 without the President's signature in accordance with Article VI, Section 27(1) of the Constitution