Section 1Sec./Art. 1

Section 75 of Republic Act No. 3844, as amended, is hereby further amended by, adding the following subsections to read as follows:

"(12) to act as an official government depository with full authority to maintain deposits of the government, its branches, subdivisions and instrumentalities, and of government-owned or -controlled corporations which deposits shall be subject to liquidity floor and/or reserve requirements as may be imposed by the Monetary Board upon other commercial banks;

"(13) for the strengthening of the capital base of the bank, to establish a national marketing umbrella for farmers and fisheries cooperatives to attract massive capital formation from savings deposits of the cooperative members nationwide."

The existing subsection 12 is hereby renumbered as subsection 14.