Section 1
SECTION 1. The Board of Regents is directed to transfer all the colleges, schools and units of the University of the Philippines, located in Manila, to a site outside of said city, to be chosen by said Board with the approval of the President of the Philippines. Upon the transfer of any or all of said colleges, schools or units, the grounds, buildings and other improvements pertaining thereto, exclusive of furniture and equipment, shall become the property of the National Government.