Section 2
Sec. 2. In order to carry out the above declared national policy, the President of the Philippines is authorized (a) to purchase any of the articles or commodities mentioned in section one hereof for storage, sale, or distribution for the relief of hunger and calamity stricken portions of the population, and in order to stabilize the prices of such commodities, (b) to fix the maximum selling prices of such articles or commodities, and (c) to promulgate such rules and regulations as he may deem necessary in the public interest, which rules and regulations shall have the force aid effect of law until the date of adjournment of the next regular session of the National Assembly unless sooner revoked or the National Assembly provides otherwise.