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RA 1500 Section 2

RA 1500 Section 2

Section 2

SEC. 2. The temporary permit granted under this Act shall continue to be in force while the Government has not established similar service at the places selected by the grantee and is granted upon the express conditions that the holder of the temporary permit herein granted shall start the operation thereof within one and one-half years from the approval of said temporary permit. The grantee shall not engage in domestic business of telecommunication, it being understood that the permit herein granted merely secures the right of the grantee to establish, maintain and operate private fixed point-to-point radiotelephone stations at the places hereinabove stated for no other purpose than to promote, protect and subserve the banking business interest of the grantee.

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Other provisions in RA 1500

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 1500 Section 2 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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