Section 3
SEC. 3. The Rice and Corn Administration shall not sell or dispose of any rice imported under this Act after December 29, 1964, but shall hold or unsold stock thereof for further disposition by legislation, except upon certification of the National Economic Council upon two-thirds vote of all the members thereof as to the occurrence of a fire, flood, earthquake or calamity in which eventuality this rice may be made available to the victims of said fire, flood, earthquake or calamity at a price of not less than one peso and ten centavos nor more than one peso and thirty centavos; and for this purpose, it shall submit to the Congress of the Philippines a true accurate and complete report subscribe under oath and duly certified as audited by the General Auditing Office on the rice imported and sold under this Act as well as the exact quantity, condition, value and specific location of all unsold stocks of said imported rice within fifteen after the opening of its next regular session. Violation of any provision of this section shall render the members of the Board of Administrators, officers or employees of the Rice and Corn Administration who may be responsible therefor liable and shall be punished as provided for in the next succeeding section.