Section 3
SEC. 3.—Paragraph 3 of Section 8 of Republic Act 5487, as amended is further amended to read as follows: "National government agencies or instrumentalities thereof, as well as government-owned or controlled corporations which shall utilize any of their employees as watchman or security guard are exempted from securing license herein prescribed: Provided, That employees of national government agencies or instrumentalities thereof, as well as of government-owned or controlled corporations, who are employed or utilized as watchman or security guard as herein denned, shall not pay the fees nor file the bonds herein .prescribed."