Establishment of a National Youth and Sports Development Fund.
Section 3
SEC. 3. Establishment of a National Youth and Sports Development Fund. — All properties of the Foundation, real and personnel, shall belong to and be managed exclusively by it for the benefit of the Filipino people. All income that may be derived from its programs and projects and such contributions thereto shall constitute a National Youth and Sports Development Fund which shall be invested or utilized for such purposes as its governing board may decide upon to attain the objectives of this Decree.