Due to the growing financial difficulties, Onion Bank was unable to finish construction of its 21-storey building on a prime lot located in Makati City. Thus, the Bangko Sentral ordered the closure of Onion Bank and, consequently, placed it under receivership. In a bid to save the bank's property investment, the President of the Onion Bank entered into a financing agreement with a group of investors for the completion of the construction of the 21-storey building in exchange for a ten-year lease and the exclusive option to purchase the building. Is the Act of the President valid? What are the valid provisions used under Financial Rehabilitation and Insolvency Act (FRIA)?