Section 5
SEC. 5. The President of the Philippines is likewise authorized to sell to any other well recognized national association or associations of professionals with academic standing (lawyers, physicians, engineers, accountants, dentists, pharmacists, nurses, teachers and others) and the veterans, parcels of public land within the City of Manila, subject to the rules and regulations issued by the National Urban Planning Commission for the City of Manila and the provisions of section four of this Act, for the exclusive purpose of enabling said association or associations to construct a permanent building of its own.