Section 2
SEC. 2. Paragraphs (b) and (d) of Section 2 of the same Act are hereby amended to read as follows: "(b) Goods other than capital goods. — Goods other than capital goods that may be procured from reparations shall be limited to such goods as may not be obtainable from the normal sources of imports and to highly essential consumer goods and construction materials not classified as capital goods, the total value and detailed listing of which shall be made by the Commission created in Section 5 hereof and approved by the President upon recommendation of the National Economic and Development Authority. Such goods shall be procured for and sold through such agency selected by the Commission only to bona fide retailers who are Filipino citizens or entities wholly owned by Filipino citizens who shall resell the same directly to consumers or end-users." "(d) Cash payment. — The twenty million dollars cash payment shall accrue to a Trust Fund to be used exclusively for the benefit and rehabilitation of veterans of the Philippines in World War II, and their widows and orphans, as Congress may from time to time provide: Provided, That the procurement of consumers goods intended to generate the trust fund for veterans, their orphans and widows, of World War II, shall be undertaken by the Commission upon the recommendation of and in consultation with the National Economic and Development Authority and the same shall be disposed by the agency selected by the Commission under paragraph (b) of this Section and the proceeds thereof shall be deposited in accordance with the provisions of this Section. There shall be advanced from the Special Economic Development Fund created in Section three of this Act such amounts as may be needed to complete the scheduled cash payments of four million United States dollars every year for a period of five years in such a manner that the total cash payments of twenty million United States dollars shall have been collected at the end of five years."