AN ACT AUTHORIZING THE TRANSFER AND ASSIGNMENT TO THE BOHOL CHRONICLE RADIO CORPORATION OF THE FRANCHISE TO CONSTRUCT, OPERATE AND MAINTAIN TELEVISION AND RADIO BROADCASTING STATIONS IN THE PROVINCE OF BOHOL GRANTED UNDER REPUBLIC ACT NUMBERED FORTY-SEVEN HUNDRED AND NINETY-TWO TO ZOILO DEJARESCO, JR., AND ALL THE PROPERTIES AND RIGHTS ACQUIRED THEREUNDER OF ZOILO DEJARESCO, JR., AND RENEWING THE TERMS OF THE SAID FRANCHISE TO ANOTHER TWENTY-FIVE (25) YEARS FROM THE DATE OF EFFECTIVITY OF THIS ACT.