Section 2
SEC. 2. Section 15 of said Decree is hereby amended to read as follows: "SEC. 15. Privileges and Incentives. — The Company shall be entitled to all the incentives and privileges granted by law to private enterprises engaged in petroleum or oil operations. "In addition, the employees of the Company shall be entitled to all the retirement and insurance benefits and leave privileges of government employees. However, subsidiaries of the Company organized to undertake purely business ventures shall not, as a matter of right, be subject to the provisions of the Government Service and Insurance System, as provided for under R.A. No. 186, as amended, as well as to any law, executive orders and decrees relating to leave of absences, retirement privileges, regular working hours, and other government employee benefits."