(NAR) VOL. 6 NO. 3 / JULY - SEPTEMBER 1995
1bis. Commercially producing, reproducing, selling, renting, distributing, disposing of, or publicly exhibiting videograms after license issued by the Board to engage in such business has expired and was not renewed.
Corollary to the foregoing, the liability of all videogram establishments apprehended operating with expired licenses shall be considered a grave violation under the Revised Rules and Regulations with the corresponding penalties provided therein.
This shall take effect immediately.
Adopted: 29 May 1995
(SGD.) BGEN. JAVIER D. CARBONELL, AFP (RET).
Chairman and Chief Executive Officer