Section 1
SECTION 1. Subject to the provisions of the Constitution, as well as of Act Numbered Thirty-eight hundred and 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 Thirty-nine hundred and ninety-seven, known as the Radio Broadcasting Law; Commonwealth Act Numbered One hundred and forty-six, known as the Public Service Act, and their amendments, and other applicable laws, Quirino A. de Guzman is hereby granted a franchise to construct, maintain and operate for commercial purposes and in the public interest, radio broadcasting stations and stations for television in the Philippines for a period of twenty-five years: Provided, That this franchise shall be void unless the construction of at least one radio broadcasting station and/or one television station is begun within two years from the date of approval of this Act and completed within four years from said date: Provided, further, That the grantee shall provide adequate public service time to enable the Government, through the stations herein authorized, to reach the population on important issues; shall assist in the functions of public information and education; shall conform to the ethics of honest enterprise, and shall not use said stations 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.