Section 19Sec./Art. 19

Reportorial Requirement. - The grantee shall submit an annual report to the Congress of the Philippines, through the Committee on Legislative Franchises of the House of Representatives and the Committee on Public Services of the Senate, on its compliance with the terms and conditions of the franchise and on its operations on or before April 30 of every year during the term of its franchise.

The annual report shall include an update on the roll-out development, operation and/or expansion of business; audited financial statements; latest GIS officially submitted to the SEC, if applicable; certification of the NTC on the status of its permits and operations; and an update on the dispersal of ownership undertaking, if applicable.

The reportorial compliance certificate issued by COngress shall be required before any application for permit or certificate is accepted by the NTC.

The grantee shall make full report to the President and Congress any form of disclosure of any data or information, assistance, support or cooperation made to a foreign government, its instrumentalities or agents. Failure to make such disclosure shall be a ground for the revocation of the franchise.

The grantee shall also submit the regular security audits of its network and facilities by the Department of Information and Communications Technology (DICT) and the National Scurity Council (NSC), among others, to the Congress of the Philippines as part of its reportorial requirements.