Section 3
Sec. 3. The same Act is hereby amended by inserting between Sections 2 and 3 thereof a new section to read as follows: "Sec. 2-A. No court or administrative agency in the Philippines shall issue any restraining order or writ of preliminary injunction against the Asset Privatization Trust or the Committee on Privatization and any of its duly designated disposition entities in connection with acquisition, sale or disposition of assets pursuant to Proclamation No. 50, nor shall such order or writ be issued against the purchaser of assets sold or disposed by the Trust, the Committee, or the disposition entities to prevent such purchaser from taking possession of such assets. In the event that any court or administrative agency issues a permanent restraining order or writ of injunction against the Trust, the Committee, and the disposition entities or the purchaser, as the case maybe, may secure the immediate lifting of such order or writ by filing with the judge or clerk of court a bond in an amount equal to that of the bond posted by the applicant of the order to writ.