AN ACT RENEWING FOR ANOTHER TWENTY-FIVE (25) YEARS THE FRANCHISE GRANTED TO ABC DEVELOPMENT CORPORATION, PRESENTLY KNOWN AS TV5 NETWORK, INC., UNDER REPUBLIC ACT NO. 7831, ENTITLED "AN ACT GRANTING ABC DEVELOPMENT CORPORATION, UNDER BUSINESS NAME 'ASSOCIATED BROADCASTING COMPANY, A FRANCHISE TO CONSTRUCT, INSTALL, OPERATE AND MAINTAIN RADIO AND TELEVISION BROADCASTING STATIONS IN THE PHILIPPINES".