Section 1
SECTION 1. The barrios of Palanas, Nipa, Nabangig, Banco, Pina, Maanahao, Salvacion, Antipolo, Malatawan, Intusan, Miabas, San Antonio, Libtong, Malibas, Sta. Cruz, Bontod and Cabil-isan, Municipality of Dimasalang, Province of Masbate, are separated from said municipality and constituted into a new municipality to be known as the Municipality of Palanas, with the seat of government at the present site of the barrio of Palanas.