Section 3
SEC. 3. The Central Bank, through its Monetary Board, shall promulgate the necessary rules and regulations to effect and facilitate the surrendering and replacing of said Treasury certificates and Central Bank notes to be demonetized under the provisions of this Act. There shall be no question asked from the owners or holders as to the origin of said treasury certificates and bank notes and as to whether taxes were collected on them or not in the preceding years. Said paper moneys shall, in cases where the owners or holders failed to include them in their corresponding tax returns, be included in their income tax returns and in other forms of taxes corresponding to the calendar year nineteen hundred and fifty-three without incurring any penalty.