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This page features the full text of
Executive Order No. 192
issued by President Fidel V. Ramos
Authorizing the Establishment of the Clark International Airport Corporation
to Operate and Manage the Clark Aviation Complex
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EXECUTIVE
ORDER NO. 192
AUTHORIZING THE ESTABLISHMENT OF THE CLARK INTERNATIONAL AIRPORT CORPORATION
TO OPERATE AND MANAGE THE CLARK AVIATION COMPLEX.
WHEREAS, under Republic Act No. 7227, otherwise known as the "Bases
Conversion Development Act of 1992," it is the policy of the Government
to accelerate the sound and balanced conversion into alternative
productive uses of the Clark and Subic military reservations and their
extensions to promote the economic and social development of the
country;chanroblesvirtualawlibrary
WHEREAS, under Republic Act No. 7227 (1992), the Bases Conversion
Development Authority is empowered to form, establish, organize and
maintain subsidiary corporation formed in accordance with the
Corporation Code and existing rules and regulations promulgated by the
Securities and Exchange Commission;chanroblesvirtualawlibrary
WHEREAS, Executive Order No. 80 (1993) authorized the establishment of
the Clark Development Corporation (CDC) as the operating and
implementing arm of the Bases Conversion Development Authority for the
Clark Special Economic Zone;chanroblesvirtualawlibrary
WHEREAS, pursuant to Executive Order No. 62 (1993), the Clark Special
Economic Zone is envisioned as a major civil aviation complex for
international passengers and/or cargo; chan robles virtual law library
WHEREAS, Executive Order No. 174 (1994) mandates the Bases Conversion
Development Corporation Authority and the Clark Development Corporation
to implement the phased development of the Clark Aviation Complex and
tasks the former to recommend the organizational structure of a
proposed Clark International Airport Corporation which shall have
jurisdiction over the operations of the entire Clark Aviation Complex;
and
WHEREAS, the variety of activities in the aviation complex calls for
diverse types of expertise which should be assigned to specialists and
government agencies whose interventions are required by law.
NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Republic of the
Philippines, by virtue of the powers vested in me by law, do hereby
order the following:cralaw:red
Section 1. Creation of the Clark International Airport Corporation- A
body corporate to be known as the Clark International Airport
Corporation (CIAC) is hereby authorized to be formed to operate and
manage the Clark Aviation Complex.
Pursuant to Sec. 16 of Republic Act No. 7227 (1992), the CIAC
shall be a wholy-owned subsidiary corporation of the Clark Development
Corporation (CDC) and shall be formed in accordance with the
Corporation Code and existing rules and regulations promulgated by the
Securities and Exchange Commission. The CIAC shall be subject to the
policies, rules and regulations promulgated by the Bases Conversion
Development Authority (BCDA)/CDC.
Sec. 2. Exemption from Civil Service Laws, Rules and Regulations-
Pursuant to Sec. 16 of Republic Act No. 7227(1992), the powers of
the CIAC shall be vested in and exercised by a Board of Directors which
shall be composed of not more than eleven (11) members.
The members of the Board representing the equity of the CDC and the
other government corporations or agencies in the capital stock of the
CIAC shall be nominated by the President of the Philippines. No person
shall be nominated as a member of the Board representing the equity in
the capital stocks of the national government in CIAC unless he is a
Filipino citizen, of good moral character, and of recognized competence
in relevant fields including but not limited to civil aviation,
economics, tourism, law or engineering.
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Sec. 4. Capitalization- The capitalization of the CIAC shall be
determined by the BCDA/CDC which shall include the following:cralaw:red
a. Cash equity to be provided by CDID;chanroblesvirtualawlibrary
b. Portions of or all government lands embraced and covered by the
Clark Aviation Complex, as well as permanent improvements and fixtures
therein upon proper inventory; and
c. All other assets which the President may transfer to the CIAC as part of the equity contribution of the Government.
Sec. 5. Transfer of Clark Air Base Proper- In view of Sec.
4 hereof, and pending the full development of the Clark Reverted
Baselands, the BCDA shall transfer to the CDC the land comprising, and
the permanent improvements and fixtures within, the 4,440 hectares more
or less, covering the Clark Air Base Proper under Proclamation No. 163
(1993).
Sec. 6. Role of Departments, Bureaus, Offices, Agencies,
Instrumentalities of the Government- All heads of departments, bureaus,
offices, agencies and instrumentalities of the government are hereby
directed to give full support to the Clark International Airport
development program and to coordinate with the CDC and BCDA to
facilitate the necessary approvals to expedite the implementation of
the various aspects of the conversion program.
Sec. 7. Repealing Clause- All executive issuances, rules and
regulations or parts thereof which are inconsistent with the provisions
of the this Executive Order are hereby repealed, amended, or modified
accordingly.
Sec. 8. Effectivity- This Executive Order shall take effect immediately.
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Done in the City of Manila, this 27th day of July in the year of Our Lord, nineteen hundred and ninety-four.
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(Sgd.) FIDEL V. RAMOS
President of the Philippines
By the President:cralaw:red
(Sgd.) TEOFISTO T. GUINGONA, JR.
Executive Secretary
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