Section 2
SEC. 2. Paragraphs (b) and (j) of Section four of the same Act are amended to read as follows: "SEC. 4. Powers and duties of the Commission— (a) * * * (b) To submit annually not later than March 31 a public re port to the President of the Philippines covering its activities in the administration and enforcement of this Act during the preceding year, including information and recommendation on broad policies for the development and perfection of the program of the SSS. * * * (j) To acquire, receive, or hold, by way of purchase, expropriation or otherwise, public or private property for the purpose of undertaking housing projects preferably for the benefit of low-salaried employees and for the maintenance of hospitals and institutions for the sick, aged and infirm employees and immediate members of their families."