Section 1
SECTION 1. There is hereby created in the Republic of the Philippines a body corporate and politic, to be the voluntary organization officially designated to assist the Republic of the Philippines in the development and promotion of the tourist industry; to develop and publicize Philippine tourist attractions and opportunities for the world at large; to organize, maintain and operate such services as may be necessary to attract and bring in tourists and travelers and to facilitate their travel, reception, and accommodation within the country; to encourage increased travel and greater intercourse as a means of promoting unity and love of country among the various groups of inhabitants of the Philippines; and to discharge any such obligations as may be set forth in any treaties agreements to which the Government is a signatory regarding tourism and travel. The headquarters of this Corporation shall be located in the national capital of the Philippines.