WHEREAS, it
is necessary to amend Presidential Decree No. 232 creating a Philippine
Coconut Authority in order to further strengthen the coconut industry.
NOW, THEREFORE, I, FERDINAND E, MARCOS, President of the
Philippines, by virtue of the powers vested in me by the
Constitution as Commander-in-Chief of all the Armed Forces of the
Philippines, pursuant to Proclamation No. 1081 dated September 21, 1972
and General Order No. 1, dated September 22, 1972, as amended, do
hereby order and decree the amendment to Presidential Decree No. 232 as
follows: chanroblesvirtualawlibrary
Section 1. Section 4 of Presidential Decree No. 232
is hereby amended to read as follows:cralaw:red
"Sec. 4. Governing Board. — The Authority shall be
governed by a Board of nine members who shall meet as often as
necessary, composed of:cralaw:red
(a) The Chairman;
(b) The Vice-Chairman;
(c) The Chairman, National Science Development Board;
(d) The Undersecretary of Agriculture and Natural
Resources;
(e) The Undersecretary of Trade;
(f) The Director-General, NEDA or his representative;
(g) The Chairman, United Coconut Association of the
Philippines;
(h) The President, Philippine Coconut Producers
Federation; and
(i) The Chairman of the Board, Coconut Investment
Company.
The Chairman and the Administrator of the Authority shall be appointed
by the President. The Administrator of the Authority shall
automatically be the Vice-Chairman.
Section 2. Section 5 of the same decree is hereby
amended to read as follows:cralaw:red
"Sec. 5. Management. — The management of the
Authority shall be vested in an Administrator, who shall have the
following powers and duties:cralaw:red
a. To direct and manage the affairs and business of
the Authority, in accordance with policies and plans enunciated
by the Board;chanroblesvirtualawlibrary
b. To recommend and, upon approval by the Board, to
establish and maintain an organization with specific functions and
responsibilities for each operating unit; chanroblesvirtualawlibrary
c. To appoint and fix the number, with the approval
of the Board, of such officials and employees of the Authority as may
be necessary for the proper discharge of its functions and
responsibilities, and with the approval likewise of the Board, to
remove, suspend and otherwise discipline, for just cause, any
subordinate personnel thereof;chanroblesvirtualawlibrary
d. To prepare and submit thirty days after the close
of each fiscal year an annual report to the President, and such
periodic reports of activities as may be required from time to time; and
e. To perform such other duties as may be designed to
him by the Board from time to time.
Section 3. All laws, executive and administrative
orders, rules and regulations, inconsistent with the foregoing
provisions, are hereby repealed, or amended accordingly.
Section 4. This Decree shall take effect
immediately. chanroblesvirtualawlibrary
Done in the City of Manila,
this 9th day of August, in the year of Our Lord, nineteen hundred and
seventy-three.
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