Section 5
SEC. 5. A special right is hereby reserved to the President of the Philippines in time of war, insurrection, public peril or other national emergency and when public safety requires, to cause the closing of the grantee's radio broadcasting stations or to authorize the use or possession thereof by any department of the Government without compensation to the grantee, his successors and assigns, for the use of said stations during the continuance of the national emergency.