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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 904 - MODIFYING
THE COMPOSITION OF THE BOARD OF DIRECTORS OF THE PHILIPPINE AEROSPACE
DEVELOPMENT CORPORATION
WHEREAS, pursuant to Presidential Decree
No. 286, as amended by Presidential Decree No. 696, and further amended
by Presidential Decree No. 841 and Executive Order No. 546, the
Philippine Aerospace Development Corporation (PADC) is governed, and
its activities directed, controlled and managed, by a Board of
Directors composed of the Minister of Transportation and Communications
as Chairman; the Minister of Finance, the Minister of National Defense,
the Minister of Trade and Industry, the Chairman of the Board of
Governors of the Development Bank of the Philippines (DBP) and the
President and General Manager of the Government Service Insurance
System (GSIS), as ex officio members; and three (3) other members
appointed by the President of the Philippines;
WHEREAS, due to their numerous pressing duties and equally important
responsibilities, the Ministry/Office Heads designated by law to act as
ex officio members of the PADC Board of Directors are sometimes unable
to attend in person the scheduled PADC Board meetings;
WHEREAS, the interest of the PADC will be better served by authorizing
the Ministry/Office Heads to designate their alternates/representatives
to attend PADC Board meetings;
WHEREAS, in the development of general aviation, the Philippine Air
Force is closely and officially affiliated with the PADC, and should
have great interest in optimizing the national utility of the aviation
and aerospace industry;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution and by
Presidential Decree NO. 1416, as amended by Presidential Decree No.
1772, do hereby order:
Section 1.
Sec. 2.
Sec. 3.
Sec. 4.
Done in the City of Manila,
Philippines, this 28th day of July in the year of Our Lord, nineteen
hundred and eighty three.
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Since 19.07.98.