Section 1
SECTION 1. There is hereby created a Radio Board, composed of three members to be appointed by the President with the consent of the Commission on Appointments of the National Assembly, to study ways and means for the nationalization or acquisition by the government of radio broadcasting, and to censor all programs, sustaining or sponsored, to be broadcast or re-broadcast by all broadcasting stations. The Radio Board shall make and submit a report of its findings within six months to the President who is hereby authorized, the provisions of existing laws to the contrary notwithstanding, to effect the necessary changes and reforms towards the nationalization or acquisition of radio broadcasting and to carry out effectively governmental control, supervision and censorship of programs broadcast or re-broadcast by all stations. Any action taken by the President pursuant to this authority shall be reported by him to the National Assembly at the next regular session, otherwise, such action shall be valid and subsisting until the National Assembly provides to the contrary.