Section 5
SEC. 5. The funds, properties, debts and obligations of the four special municipalities under Commonwealth Act Numbered Five hundred and eighty-one shall be equitably distributed and apportioned among the Province of Romblon and its municipalities in such proportion as may be approved by the President of the Philippines upon recommendation of the Auditor General. The custody and administration of of all properties formerly belonging to the Province of Romblon prior to the taking effect of Commonwealth Act Numbered Five hundred and eighty-one shall be transferred to the provincial government of Romblon. Property formerly belonging to the Province of Romblon prior to the taking effect of Commonwealth Act Numbered Five hundred and eighty-one and transferred to the National Government in accordance with the said Act shall be returned to the provincialgovernment of Romblon for such consideration as may be approved by the President of the Philippines upon the recommendation of the Auditor General.