Section 2
SEC. 2. Section 4, Chapter II of Presidential Decree No. 269 is hereby amended by deleting the word "and" at the end of subsection "(n)", modifying subsection (1) and adding new subsections (p), (q) and (r) to read as follows: "(1) To require the submission of Articles of Incorporation, by-laws, and documents relating to consolidation merger, conversion, dissolution, change in the location of principal offices, and election to dissolve, from all recipients of loans and/or equity investments and upon determination that such are in conformity with this Decree, to certify the same, to file them in the records of the NEA and to maintain a registry of such filings the provisions of Act No. 1458, as amended, to the contrary notwithstanding." "(p) To invest and/or grant loans for the development of power generation industries or companies, including dendro-thermal and mini-hydro-power plants and associated facilities such as alcogas and tree plantations, water impounding reservoirs and feeder roads: Provided, That such investments and loans shall be limited to a specific percentage of total requirements as may be determined by the NEA Board of Administrators." "(q) To organize wholly or partly owned companies and subsidiaries for the purpose of operating power generating and distribution systems and other related activities; and" "(r) To organize wholly or partly owned subsidiaries for the purpose of manufacturing materials and equipment for power generating systems."