Section 12
Sec. 12. When the cost of any project constructed from funds provided in this Act, including the interest, is totally men' reimbursed, .the National Markets and Waterworks Board shall so certify to the President of the Philippines, who, by means of an executive order, shall turn over the market or slaughterhouse or waterworks to the province, city, or municipality concerned, for administration, maintenance, and operation in accordance with the rules and regulations governing similar projects financed by the local governments.