Section 2Sec./Art. 2

Section 3 of Republic Act No. 9773 is hereby amended to read as follows:

"Section 3.Prior Approval of the National Telecommunications Commission. -The grantee shall secure from the National Telecommunication Commission (NTC) the appropriate permits and licenses for the construction and operation of its stations or facilities and shall not use any frequency in the radio/television spectrum without authorization by the NTC. The NTC, however, shall not unreasonably withhold or delay the grant of any such authority.

"The grantee shall not dispose or lease its facilities except to entities with a radio or television broadcasting franchise:Provided,That the grantee shall inform and secure written authorization from the NTC to proceed with such disposal or lease, and report the transaction to the NTC within sixty (60) days after its completion:Provided, further,That the NTC shall determine the corresponding sanction from any violation of this provision.

"The NTC shall have the authority to revoke or suspend, after due process, the permits or licenses of the grantee for any violation of the provisions of the franchise, and may recommend to Congress the revocation of the franchise for any violation of the provision thereof."