Section 2
SEC. 2. All taxes, fees, charges and royalties due as of December 31, 1985 and payable to the Government by borrowers —corporations whose properties have been foreclosed and subsequently operated and managed by creditor government financial institutions, directly or through a subsidiary or subsidiaries, are hereby condoned; Provided, however, That the condonation herein granted shall not in any manner be interpreted to include any further and outstanding liability of the borrowers to the government financial institutions concerned for loan, guarantee or credit accomodations extended to the said borrowers.