Republic Act No. 5260

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

In order to fulfill the agreement between the Philippine Government and various agency of the United Nations, including UNICEF and the World Health Organization, to disperse and decentralize its Welfareville Institutions, and to undertake other steps to upgrade child welfare services, there is hereby created a Trustee Committee the purpose of which is to supervise the sale of the Welfareville properties in the Municipality of Mandaluyong, Province of Rizal, through public bidding.

Section 2

The proceeds of said sale shall be exclusively used and expended for the purchase of appropriate sites, construction of buildings and facilities, acquisition of furniture and equipment including vehicles, necessary for the establishment of a national children's home institutions, and community services for children in various parts of the Philippines in such places as the Social Welfare Administration may designate. Disbursement of the funds shall be subject to appropriate government accounting and auditing procedures.

Section 3

Any unexpended balance thereof shall not revert to the general fund but shall remain part of the funds of the Social Welfare Administration for the purpose of improving the child welfare services of the Philippines in accordance with the needs of the population.

Section 4

This Act shall take effect upon its approval.

Approved: June 15, 1968.