Section 3
SEC. 3. For the purpose of carrying out the policy enunciated in this Act, specially in the rural areas, there is hereby created and established an agency to be known as the "Electrification Administration," all the powers of which shall be exercised by an Administrator, who shall be appointed by the President, with the consent of the Commission on Appointments, for a term of ten years and who shall receive an annual compensation of twelve thousand pesos, which may be increased to not more than twenty-five thousand pesos as the President may deem proper.