"Section 3.    The Samar Institute of Technology shall have the general powers set out in section thirteen of the Corporation Law, as amended, and the government and administration of said Institute and the exercise of its corporate powers are hereby vested exclusively in the Board of Trustees, and the President of the Institute insofar as authorized by said Board. The governing body of the Institute shall be the Board of Trustees of the Samar Institute of Technology. The said Board of Trustees shall be composed of the Secretary of Education, who shall be ex-officio chairman, the Chairman of the Committee on Education of the House of Representatives, the Director of Public Schools, the President of the Institute, the President of the Alumni Association, and a prominent citizen of Samar to be designated by the President of the Philippines. When the Secretary of Education is unable to perform his duties as ex-officio Chairman of the Board, owing to illness, absence, or other causes, or in case of a vacancy in the office, the Undersecretary of Education shall temporarily perform the functions of ex-officio Chairman of said Board. When both the Secretary and the Undersecretary of Education are unable to exercise the powers of the Chairman of the Board of Trustees, or when these two positions are vacant, the members of the Board may elect from among themselves a temporary chairman who shall act as Chairman of the Board of Trustees."

"Section 4.    The Board of Trustees shall have the following powers and duties, in addition to its general powers of administration and the exercise of all the powers of a corporation as provided in section thirteen of the Corporation Law, as amended:"

"Section 10-A.    The Treasurer of the Philippines shall be ex-officio Treasurer of the Institute, and all account and expenses thereof shall be audited by the Auditor General or his duly authorized representatives, and all disbursements shall be made in accordance with rules and regulations prescribed by him." 

"Section 10-B.    Heads of bureaus or offices of the National Government are hereby authorized to loan or transfer, upon request of the President of the Institute, such apparatus or supplies as may be needed by the Institute, and to detail employees for duty therein, when in the judgment of the head of the Bureau or office such services, apparatus or supplies and employees can be spared without serious detriment to the public service. Employees so detailed shall perform such duties as may be required by the President of the Institute, and the time so employed shall count as part of their regular official service."