Section 1September 28, 1991, Sec./Art. 1

Nature and Scope of Franchise – Subject to the provisions of the Constitution and applicable laws, rules and regulations, there is hereby granted to the Rinconada Broadcasting Corporation, hereunder referred to as the grantee, its successors or assigns a franchise to construct, install, operate and maintain for commercial purposes and in the public interest radio broadcasting stations and television stations in the Philippines with the corresponding technological auxiliaries or facilities, special broadcast and other program and distribution services and relay stations, and to install radio communication facilities for the grantees private use in its broadcast services.