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Chan Robles Virtual Law Library
PRESIDENTIAL DECREE NO. 1201
PRESIDENTIAL DECREE NO. 1201
- CREATING THE PHILIPPINE INSTITUTE FOR DEVELOPMENT STUDIES
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WHEREAS,
there is a present need for adequate research studies and materials
properly oriented to the formulation of plans and policies relative to
national development;chanroblesvirtualawlibrary
WHEREAS, under the existing set-up, the demand for research studies are
in part supplied by the research output of academic and other research
institutions but these research efforts are not, however, fully
responsive to the requirements of national planning and policy making;chanroblesvirtualawlibrary
WHEREAS, research in the social sciences and economics under the
existing set-up has given rise to the problem of the weakness of the
link between public policy formulation and research because of the
orientation and character of pure academic research;chanroblesvirtualawlibrary
WHEREAS, an effective means of bridging this gap is to establish a
national research institution that will perform policy-oriented
research on all aspects of the Philippine economy and assist the
government in formulating plans and policies for national development:cralaw:red
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of
the Philippines, by virtue of the powers vested in me by the
Constitution, do hereby decree and order the following to be part of
the law of the land: chanroblesvirtualawlibrary
Section 1. Creation of the Philippine Institute for
Development Studies. — There is hereby created a non-stock, non-profit
government corporation to be known as the Philippine Institute for
Development Studies, hereinafter referred to as the Institute, which
shall be attached to the National Economic and Development Authority
for policy and program coordination.
Section 2. Purposes and Objectives. — The Institute
shall have the following purposes and objectives:cralaw:red
(a) To develop a comprehensive and integrated
research program that will provide the research materials and studies
required for the formulation of national development plans and
policies. Such program shall be evolved through constant interaction
between the institute and the appropriate government agency or
agencies;chanroblesvirtualawlibrary
(b) To serve as the common link between the
government and the existing research institutions, and for this
purpose, to provide a forum wherein various research studies are
discussed and evaluated;chanroblesvirtualawlibrary
(c) To conduct and undertake research requested by
government or its agencies and to arrange for research to be conducted
by other research institution and individuals, locally and abroad;chanroblesvirtualawlibrary
(d) To conduct joint studies with domestic research
institutions in the academic, government and business sector; and
(e) To establish a repository for economic research
information and other related activities. chanroblesvirtualawlibrary
Section 3. Powers. — The Institute shall have the
following powers:cralaw:red
(a) To adopt, alter and use a corporate seal;chanroblesvirtualawlibrary
(b) To collect, receive and maintain a fund or funds
from government appropriations and from donations, grants, gifts,
bequests, loans from domestic and foreign sources, and to apply the
income and principal thereof to the promotion of itsms and purposes;chanroblesvirtualawlibrary
(c) To own, manage and hold such real and personal
property as shall be necessary for the Institute's purposes;chanroblesvirtualawlibrary
(d) In furtherance of its purpose and objectives, to
extend financial assistance to, and enter into contracts of every kind
and for any lawful purpose, with any person, firm, association or
corporation, domestic or foreign, or others in which it has a lawful
interest; chanroblesvirtualawlibrary
(e) To invest its funds in such undertaking as it may
deem wise or necessary to carry out its objectives; and
(f) In general, to do all such acts and things as may
be necessary to carry into effect the provisions of this Decree.
Section 4. Board of Trustees. — The affairs of the
Institute shall be managed by a Board of Trustees hereinafter referred
to as the Board, to be headed by the Secretary of Economic Planning, or
his representative, as Chairman and four (4) other members who shall be
initially appointed by the President of the Philippines upon
recommendation of the Secretary of Economic Planning. The appointive
members shall serve for a term of four years; provided, that, of the
first four members appointed, one shall serve for four years, one for
three years, one for two years and one for one year, respectively. In
case of a vacancy in the appointive membership of the Board, the
successor appointee, who shall be appointed by the remaining Board
members, shall serve only the unexpired term; provided, that, if the
remaining Board members do not constitute a majority, the appointment
shall be done by the President.
Per diems and allowances for members of the Board shall be as
determined by the Board subject to existing laws, rules and regulations
on the matter.
A majority of the members of the Board shall constitute a quorum for
the transaction of the business of the Board.
Section 5. Functions and Responsibilities of the
Board. — The Board of Trustees shall have the following
functions: chanroblesvirtualawlibrary
(a) To formulate and adopt policies and measures for
the management and operation of the Institute;chanroblesvirtualawlibrary
(b) To appoint the President of the Institute who
shall come from among the appointive members of the Board;chanroblesvirtualawlibrary
(c) To approve the staffing pattern for the Institute;chanroblesvirtualawlibrary
(d) To promulgate rules and regulations for the
discharge of its powers and functions and the internal operations of
the Institute; Provided, that, the Chairman of the Board of Trustees
shall exercise the power to appoint, promote, discipline or remove the
personnel of the Institute;chanroblesvirtualawlibrary
(e) To manage the financial affairs of the Institute
and approve an annual budget of receipts and expenditures of the
Institute according to its requirements; and chanroblesvirtualawlibrary
(f) To monitor and review periodically the programs
and projects of the Institute.
Section 6. President of the Institute. — The
President of the Institute shall be the executive officer of the
Institute and shall receive such salary and remuneration as may be
determined by the Board. He shall have the following powers and duties:cralaw:red
(a) To prepare, for the approval of the Board, the
staffing pattern of the Institute which, shall include the
determination of the qualifications, and fixing the number and
compensation of such officials and personnel as may be necessary for
the proper discharge of the functions of the Institute; chanroblesvirtualawlibrary
(b) To have control and supervision over the
personnel, staff, operations and internal administration of the Center
in accordance with existing laws and the rules and regulations
promulgated by the Board of Trustees;chanroblesvirtualawlibrary
(c) To recommend to the Board of Trustees such
policies and measures which he deems necessary for the effective
exercise and discharge of the powers and responsibilities of the
Institute; and
(d) To submit an annual report to the Board of
Trustees on the operations, the status of the programs funded by, and
the financial condition of, the Institute, including a recommendation
for its budget for the ensuing year.
Section 7. Fees of Research Fellows and Associates. —
Any provision of law, rule or regulation to the contrary
notwithstanding, the Institute is hereby authorized to engage
researchers and other professional staff from other government offices
and agencies to conduct specialized studies and researches for the
Institute. Those so engaged by the Institute shall be issued
appointments as Research Fellows or Research Associates and shall be
paid, as they are hereby authorized to be paid such fees as determined
by the Board in addition to whatever compensation or emoluments they
are receiving in their respective mother offices or agencies.
Section 8. Research Advisory Committee. — The
Institute shall have a Research Advisory Committee which shall be
composed of personalities well-known in the field of research relevant
to national development and may include foreign scholars. The Committee
to be set up by the Board shall have the following functions:cralaw:red
(a) To advise the Board on the selection of, and
design of the methodology of research projects;chanroblesvirtualawlibrary
(b) Evaluation, announcement and publication of major
research studies; and
(c) Advise the Board on such other research
activities deemed necessary to meet the needs of national development.
Section 9. Endowment Fund. — There is hereby
established an Endowment Fund which shall be self-sustaining and shall
consist of contributions, donations, grants, or loans from domestic
and/or foreign sources, government subsidies and other income accruing
from the operations of the Institute. For the initial organizational
and operational requirements of the Institute, there is hereby
appropriated out of any fund in the National Treasury not otherwise
appropriated the sum of SEVEN MILLION PESOS (P7,000,000.00). Hereafter,
funding for the operational activities of the Institute shall be
generated by the Institute from earnings of this Fund. chanroblesvirtualawlibrary
Section 10. Government Contribution to Research
Funding. — There shall be included in the annual budget of the NEDA
such sum as may be determined by the NEDA Director General as
contribution in financing the research activities of the Institute.
Other government agencies are hereby authorized to include in their
respective annual budget such necessary amounts as their contribution
to the funding of certain research activities of the Institute. These
contributions shall be treated as distinct from the Endowment Fund and
shall be managed under separate account.
The Institute shall submit to the Director General of the NEDA a work
program with budget estimates for each calendar year, not later than
November 30 of the preceding year.
Section 11. Exemption from taxes. — Any provision of
law to the contrary notwithstanding, any donation, contribution,
bequest, subsidy or financiald which may be made to the Institute shall
be exempt from taxes of any kind and shall constitute allowable
deductions in full from the income of the donors or grantors for income
tax purposes.
The Institute, its assets, acquisitions, income and its operations and
transactions shall be exempt from any and all taxes, fees, charges,
imports, licenses and assessments, direct or indirect, imposed by the
Republic of the Philippines or any of its political subdivision.
Section 12. Effectivity. — This decree shall take
effect immediately.
DONE in the City of Manila,
this 26th day of September, in the year of Our Lord, nineteen hundred
and seventy-seven.
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