Section 1
SECTION 1. The provisions of existing law or regulation to the contrary notwithstanding, a rural bank shall make available for sale to farmers who are clients of the bank and who are members of a Samahang Nayon or to any Samahang Nayon of which said farmers are members, common shares of stock of the rural bank representing in the aggregate up to forty per cent (40%) of the voting stock of the bank, at a price to be agreed upon between the parties: Provided, That, where no agreement is reached on the price, the matter shall be submitted to the Central Bank of the Philippines for determination: Provided, further, That, the aforementioned acquisitions of shares of stock in rural banks shall be subject to the limitations on individual, family group, or corporate holdings established under