REPUBLIC ACT NO. 2936 - AN ACT TO AMEND SECTION THREE OF REPUBLIC ACT NUMBERED SEVEN HUNDRED NINETY-THREE SO AS TO PERMIT THE GRANTEE VICENTE A. ARANETA A TEMPORARY PERMIT TO CONSTRUCT, INSTALL, ESTABLISH AND OPERATE PRIVATE FIXED POINT-TO-POINT AND PRIVATE BASED AND LAND MOBILE RADIO STATIONS FOR THE RECEPTION AND TRANSMISSION OF RADIO COMMUNICATIONS WITHIN THE PHILIPPINES.

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. Section three of Republic Act Numbered Seven hundred ninety-three is amended to read as follows:

"Sec. 3. This temporary permit shall continue to be in force during the time the government has not established similar service at places selected by the grantee and is made upon the express condition that the same shall be void unless the grantee completes the construction of at least two radio stations within two years from date of approval of this Act."

SEC. 2. This Act shall take effect upon its approval.

Enacted without Executive approval, June 19, 1960.