Section 14
SEC. 14. Assumption of Liabilities of the Transferred Non-Performing Accounts of DBP by the National Government.—As of the effectivity of this Decree, all the corresponding liabilities, debts, obligations or responsibilities, whether absolute or contingent, direct or indirect, arising from or in connection with the transferred non-performing Accounts for which the Development Bank of the Philippines is or may be held liable, are hereby transferred to and shall be assumed by, the National Government, which shall create an office or unit under the Office of the National Treasurer that will service the assumed liabilities.