REPUBLIC ACT NO. 3585 - AN ACT AUTHORIZING THE SALE, TRANSFER AND CONVEYANCE TO THE UNIVERSAL TELECOMMUNICATIONS SERVICE, INC., OF THE FRANCHISE AND ALL THE PROPERTIES AND RIGHTS ACQUIRED THEREUNDER GRANTED TO MR. ANASTACIO MORALES UNDER REPUBLIC ACT NUMBERED THIRTY-TWO HUNDRED FORTY-SIX TO ESTABLISH, MAINTAIN AND OPERATE RADIO STATIONS FOR INTERNATIONAL AND DOMESTIC COMMUNICATIONS.

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

SECTION 1. Subject to the provisions of Republic Act Numbered Thirty-two hundred forty-six, the sale, transfer, and conveyance to the Universal Telecommunications Service, Inc., of the franchise and all the properties and rights acquired thereunder granted to Mr. Anastacio Morales under the said Act, to establish, maintain and operate radio stations for international and domestic communications, is hereby authorized and approved.

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

Approved, June 21, 1963.