AN ACT FORMALLY INSTITUTIONALIZ ING PEOPLE'S CAPITALISM PURSUANT TO THE GOVERNMENT POLICY OF EMPOWERMENT OF THE PEOPLE BY REQUIRING THE SALE OF TWENTY PER CENT OF THE AUTHORIZED CAPITAL STOCK OF ALL BUSINESS ENTERPRISES TO EMPLOYEES AND BONA FIDE RESIDENTS OF THE LOCALITY WHERE THE BUSINESS ENTERPRISE OPERATES, OR WHERE ITS FACTORY, PLANT, OR BRANCH OFFICE IS SITUATED