Section 3
SEC. 3. Paragraph (e) of Section six of Republic Act Numbered Thirteen hundred and eighty-seven on the powers and duties of the Board of Regents is hereby amended to read as follows: "(e) To appoint, on the recommendation of the President of the University, professors, instructors, lecturers and other employees of the University; to fix their compensation, hours of service, and such other duties and conditions as it may deem proper; to grant to them in its discretion leave of absence under such regulations as it may promulgate, any provisions of law to the contrary notwithstanding, and to remove them for cause after an investigation and hearing shall have been had; and to extend with their consent the tenure of faculty members of the university beyond the age of sixty-five, any other provision of law to the contrary notwithstanding, on recommendation of the President of the University, whenever in his opinion their services are specially needed: Provided, however, That no extension of service shall be made beyond the age of seventy."