Declaration of Policy.
SECTION 1. Declaration of Policy. — It is hereby
declared to be the policy of the State to promote, encourage, and
develop Philippine tourism as an instrument in accelerating the
development of the country, of strengthening the country's foreign
exchange reserve position, and of projecting- Philippine culture,
history, traditions and natural beauty, internationally as well as
domestically.
Creation of Philippine Tourism Authority.
SEC. 2. Creation of Philippine Tourism Authority. —
To carry out the above policy, there is hereby created a corporate body
to be known as the Philippine Tourism Authority, hereinafter called the
Authority, which shall be attached to the Department of Tourism.
Principal Office.
SEC. 3. Principal Office. — The Authority shall
maintain its principal office in the Metropolitan Manila area, but it
may established branches and agencies elsewhere within the Philippines
as may be necessary for the proper conduct of its business.