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PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Republic Acts :
REPUBLIC ACTS
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REPUBLIC ACT NO. 7970 - AN ACT
GRANTING THE MARANAO TELEPHONE COMPANY A FRANCHISE TO INSTALL, OPERATE
AND MAINTAIN TELEPHONE SYSTEM IN THE PROVINCE OF LANAO DEL NORTE AND IN
THE CITY OF ILIGAN |
Section 1. Subject to the provisions of the Constitution and
applicable laws, rules and regulations, there is hereby granted to the
Maranao Telephone Company, its successors, the right, privilege, and
authority to conduct and carry on the business of local exchange
telephone service or public switched telephone network and/or public
calling stations in the Province of Lanao Del Norte and in the City of
Iligan; and for the purpose of providing said telecommunications
services, to construct, own, operate and maintain telecommunications
system in and between cities and municipalities within Lanao Del Norte,
in, on, over, or under lands, and waters, as may be necessary and best
adapted to the provision of telecommunications services. to contract
for telecommunications lines in and between the province and the rest
of the Philippines, to use any technology whether digital or analogue,
via cable, microwave, optical fiber, or any transmission medium, and
with such telecommunications apparatus as may be necessary for the
provisions of such telecommunications services, and to connect and keep
connected its telecommunications systems to other telecommunications
systems. In no case shall the grantee engage in the operation or provision of international gateway facility, international or national transmission services, domestic record services, radio paging, private mobile radio, maritime communications, satellite communications, cable television, or broadcasting . Sec. 2. All apparatus and appurtenances used by
the grantee shall be modern and first class in every respect, and all
telephone lines and installations used and operated by the
grantee in connection with this franchise shall be maintained at all
times in satisfactory condition. Sec. 3. The grantee shall keep a separate account
of the gross receipts of its telecommunications business and shall
furnish to the Commission on Audit and the Treasurer of the
Philippines, not later than the thirty-first of July of each year, a
copy of such accounts covering the twelve (12) months preceding the
first day of July. Sec. 4. The grantee shall be liable to pay,
exclusive of this franchise, the same taxes on their real estate,
buildings and personal property as other persons and corporations are
now or hereafter may be required by law to pay. Sec. 5. The grantee shall file with the Commission its application for a certificate of public necessity and convenience, hereinafter referred to as the certificate, within six (6) months from the effectivity of this Act. Failure to make said application within the specified period shall render this franchise null and void. Sec. 6. In accordance with the constitutional provision to encourage public participation in public utilities, the grantee shall comply with the provisions on public ownership or sale of its shares of stock under a general telecommunications law that may hereinafter be enacted by Congress. Sec. 7. Acceptance of this franchise and of all the terms and conditions hereof shall be given in writing to the Secretary of Transportation and Communications, copy furnished the chairman of the Commission, within sixty (60) days after the effectivity of this Act, otherwise, this franchise shall be deemed cancelled. As a guaranty that it has accepted this franchise in good faith, the grantee shall, within thirty (30) days from the granting of its first CPC, deposit with the National Treasurer the sum of One Hundred thousand pesos (P100,000), in cash or negotiable instruments of the Philippine Government and file a bond in the amount of One million pesos (P1,000,000). Should the grantee fail, refuse or neglect to begin the business of providing a telephone service within two years of the grant to CPC and for any reason other than an act of God, act of the public enemy, usurped or military power, martial law, riot, civil commotion, or unavoidable cause, then the deposit prescribed under this section shall be forfeited in favor of the national government as liquidated damages. Should the grantee perform on time the undertaking for which the deposit is required, then the deposit shall be returned to the grantee and its bond cancelled or released within six (6) months of commencement of service. Sec. 8. This franchise shall be for a period of twenty-five (25) years from effectivity of this Act, unless sooner revoked or cancelled. In the event the grantee fails to operate continuously for two (2) years, or within two (2) years from first approval of its permit by the Commission, this franchise shall be deemed ipso facto revoked. Sec. 9. The grantee shall hold the national,
provincial, city and municipal governments harmless from all claims,
accounts, demands or actions arising out of accidents or injuries,
whether to persons or to property, caused by the construction or
operation of the telephone or other facilities owned or operated by the
said grantee. Approved: March 30, 1995 |
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