Book 4, Title 0, Sec. 32The Philippine National Science Society shall have the power to:

Powers of the Philippine National Science Society. - The Philippine National Science Society shall have the power to:

(1) Make its own organization, including its Constitution, by-laws and rules and regulations;

(2) Fill all vacancies created by death, resignation or otherwise;

(3) Provide for the election of members, division into classes, and for all other matters needful or usual in such institution;

(4) Receive bequests and donations and hold the same in trust, to be applied in aid of scientific investigations according to the will of the donors;

(5) Be exempt from the payment of all internal-revenue taxes, fees, assessments and other charges of the Government in carrying out its aims, functions, and powers;

(6) Submit an annual report to the Congress and to the President of the Philippines an accurate account of its work and activities during the corresponding fiscal year; and

(7) Perform such powers as may be provided by law or necessary to carry out its purposes and functions.