Section 2
SEC. 2. Section 2 of the same Presidential Decree is hereby amended to read as follows: "SECTION 2. Metro Manila Transit Corporation Creation and Purpose. To implement state policy and pursue the objectives set forth in the preceding section, there is hereby created a body corporate to be known as the Metro Manila Transit Corporation which shall have its principal place of business in Metropolitan Manila. It may establish such branches and agencies within the Philippines as may be necessary for the proper conduct of its business."