H. No. 2028 / 50 OG No. 7, 2985 (July, 1954)
"For the purpose of securing loans from banking and credit institutions, the foregoing prohibition against the acceptance for registration or annotation of a subsequent deed or other voluntary instrument shall not apply in the case of deeds of sale duly executed by the Government, or any of its instrumentalities, with respect to portions of lands registered in the name of the Republic of the Philippines.”SEC. 2. All laws and regulations, or parts thereof inconsistent with the provisions of this Act, are hereby repealed.