Section 19
SEC. 19. Status of Assets Management Corporation. Provided that the shares of stock held by the National Government in the Asset Management Corporation, whether through the National Development Company or otherwise, do not exceed fifty percent (50%) of the outstanding capital stock of such corporation or do not exceed fifty percent (50%) of the outstanding voting capital stock of such corporation, the Asset Management Corporation shall not be deemed to be a government-owned or controlled corporation shall not be deemed to be a government-owned or controlled corporation for any purpose.