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Primary Text
Section 1 of Presidential Decree No. 1080, as amended, is hereby amended to read as follows:
"Section 1. Trade and Investment Development Corporation of the Philippines.
"a) There is hereby created a body corporate to be known as the Trade and Investment Development Corporation of the Philippines (TIDCORP), hereinafter referred to as the Corporation, which shall have succession in its corporate name. The Corporation shall have its principal office in Metro Manila;
"b) The Corporation shall be deemed to be a wholly owned Government corporation and shall accordingly be subject to provisions of existing laws, rules and regulations applicable to Government-owned and controlled corporations not otherwise inconsistent with the provisions of this Decree."
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