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This page features the full text of
Republic Act No. 7640
AN
ACT CONSTITUTING THE LEGISLATIVE-EXECUTIVE DEVELOPMENT ADVISORY COUNCIL
REPUBLIC
ACT NO. 7640AN
ACT CONSTITUTING THE LEGISLATIVE-EXECUTIVE DEVELOPMENT ADVISORY COUNCIL
Section
1. Declaration of Policy. — It
is the policy of the State to formulate after consultations with
appropriate
public agencies, the private sector, and local government units
socioeconomic
development programs taking into account the requirements of
conservation
and ecology and in accordance with its constitutional mandate to
promote
a more equitable distribution of opportunities, income, and wealth; a
sustained
increase in the amount of goods and services produced by the nation for
the benefit of the people; an expanding productivity as the key to
raising
the quality of life for all, especially the under privileged.
chanrobles virtuallaw libraryred
The
State shall promote industrialization and full employment based on
sound
agricultural development and agrarian reform, through industries that
make
full and efficient use of human and natural resources, and which are
competitive
in both domestic and foreign markets.However,
the State shall protect Filipino enterprises against unfair foreign
competition
and trade practices.
The
Legislative-Executive Development Advisory Council shall constitute an
effective advisory and consultative mechanism to ensure consistency in
coordinating executive development planning and congressional budgeting.
Sec.
2. Legislative-Executive Development
Advisory Council. — Pursuant to the foregoing policy, there is hereby
constituted
a consultative and advisory body to be known as the
Legislative-Executive
Development Advisory Council, hereinafter referred to as the Council.
It shall be composed of twenty (20) members with the President as
Chairman
and the following as members: the
Vice President, the President of the Senate, the Speaker of the House
of
Representatives, seven (7) members of the Cabinet to be designated by
the
President, three (3) members of the House of Representatives to be
designated
by the Speaker of the House of Representatives at least one (1) of whom
shall come from the dominant minority party, and the following to be
appointed
by the President; a representative
of the local government units, a representative of the youth, and a
representative
of the private sector from any or a combination of the following:
business,
cooperatives, agriculture, and labor.chanrobles virtuallaw libraryred
Membership
in the Council of the members of the legislature shall be an extension
of their legislative functions. Membership
in the Council of the members of the Cabinet shall be in an ex officio
capacity.
The
Chairman and members of the Council who are government officials shall
serve in the Council without any additional emoluments, allowances, or
pay, by virtue of and in connection with the positions they have been
elected
to or appointed to, as the case may be.
The
Council may form its own subcommittees as may be needed and may call on
any government agency or resource persons for assistance.
Sec.
3. Functions of the Council.
— The Council shall serve as a consultative and advisory body to the
President
as the head of the national economic and planning agency for further
consultations
and advice on certain programs and policies essential to the
realization
of the goals of the national economy with the following functions:
(a) determine
and recommend socioeconomic development goals in pursuance of
established
policies which shall guide the formulation and implementation of the
national
development plan;chanrobles virtuallaw libraryred(b) provide
policy advice to the President on vital issues affecting the
socioeconomic
development of the country;
(c) direct
the study of measures to ensure that the regional development plans and
programs are integrated into the national development plan;
(d) receive,
and in appropriate cases, require reports on, and study measures to
improve,
the implementation of official development assistance from multilateral
and bilateral entities;
(e) assess
effectiveness of implementation of the national development plan;
(f) integrate
environmental concepts, principles and practices into the national
development
plan for a balanced and cohesive approach to national development; chanrobles virtuallaw libraryred
(g) review
the relationship of the legislative agenda to the national development
plan to ensure the integration of both;
(h) study
and recommend to the President and to Congress sources of revenue as
well
as measures to reduce unnecessary expenditures to the end that the
resources
of the Government will be used to the optimum.
Sec.
4. Secretariat. — The Council
shall have the National Economic and Development Authority secretariat
as the principal secretariat in providing staff support to the Council,
assisted by personnel from the Presidential Management Staff and the
economic
planning staff of both the Senate and the House of Representatives.
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Sec.
5. Meetings of the Council. —
The Council shall meet at least once every quarter, but may be convened
by its Chairman to such special meetings as may be necessary. The
members of the Council shall be duly notified of any meeting in
advance. The
first meeting of the Council shall take place within one (1) month from
the effectivity of this Act, at a time and place to be designated by
the
Chairman.
Sec.
6. Priority Concerns. — The Council
shall give special attention to measures which will:
(a) involve
concerned private sector, relevant non-government groups and people's
organizations
in the processes of economic planning by national agencies and by
regional,
provincial, and other local development councils, as well as in
monitoring
the implementation of development projects.chanrobles virtuallaw libraryred(b) bring
about effective integration of the priority development programs and
projects
proposed by regional, provincial and other local development councils
into
the national development plan, within the constraints of the national
budget;
(c) accelerate
the study and formulation of projects and programs, which will answer
priority
needs of the people for livelihood and social services, and which may
be
funded from national revenues and/or grants and concessional loans from
external sources;
(d) hasten
the utilization of grants and concessional loans for priority
development
projects and programs, while also improving the efficiency of project
implementation;
and
(e) recommend
measures that would strengthen mechanism for monitoring the
implementation
of development projects and programs, and for promoting efficiency of
execution
and timeliness of completion.chanrobles virtuallaw libraryred
Sec.
7. The Council shall render reports
after every meeting to all Senators and Congressmen who are not members
of the Council, particularly the progress and action taken on priority
concerns embodied in Section 6 hereof.
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Sec.
8. Implementing Rules and Regulations.
— Within sixty (60) days from the approval of this Act, the Council
shall
promulgate all the necessary rules and regulations to carry out the
provisions
of this Act.
Sec.
9. Appropriations. — The amount
of Three million pesos (P3,000,000.00) is hereby authorized out of the
funds of the National Treasury not otherwise appropriated for the
operating
and capital expenditures of the Council for the Fiscal Year 1993.Thereafter,
the necessary appropriations shall be provided in the Annual General
Appropriations
Act.
Sec.
10. Separability Clause. — In
case any provision hereof is declared unconstitutional, the other
provisions
not so declared and affected shall remain in force and effect.chanrobles virtuallaw libraryred
Sec.
11. Repealing Clause. — All laws
and executive orders which are inconsistent with the provisions of this
Act are hereby repealed or amended accordingly.
Sec.
12. Effectivity. — This Act shall
take effect fifteen (15) days after its publication in the Official
Gazette.
Approved:
December 9, 1992
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