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REPUBLIC ACTS

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REPUBLIC ACT NO. 5450

REPUBLIC ACT NO. 5450  - AN ACT APPROPRIATING FUNDS FOR THE OPERATIONS OF THE BOARD OF INVESTMENTS DURING THE PERIOD FROM JULY FIRST NINETEEN HUNDRED AND SIXTY-EIGHT TO JUNE THIRTIETH NINETEEN HUNDRED AND SIXTY-NINE

Section 1.    The following sums or so much thereof as may be necessary are hereby appropriated out of any funds in the National Treasury not otherwise appropriated for the operation of the Board of Investments pursuant to the provisions of Republic Act Numbered Fifty-one hundred eighty-six and other laws the implementation of which is assigned to the Board of Investments during the period from July first nineteen hundred sixty-eight to June thirtieth nineteen hundred sixty-nine:  

GENERAL FUND
I.   PERSONAL SERVICES

A.  OFFICE OF THE BOARD OF GOVERNORS

1.    One Chairman    P50,000

2.    Four Governors at P40,000    160,000

3.    One Board Secretary and Executive
    Assistant    24,000

4.    One Special Assistant    15,600

5.    One Private Secretary to the Chairman    6,000

6.    Four Private Secretaries at P6,000    24,000

7.    One Secretary    4,800

8.    One Senior Stenographer    4,200

9.    One Minute Recorder    3,600

10.    Six Utility Men at P2,700    16,200

B.  OFFICE OF THE AUDITOR

11.    One Auditor    24,000

12.    One Assistant Auditor    14,400

13.    One Senior Examiner    7,200

14.    One Audit Examiner    4,800

15.    One Auditing Clerk    3,600

C.  PLANNING, RESEARCH AND INFORMATION
DEPARTMENT

1.  Office of the Director

16.    One Director    24,000

17.    One Secretary    4,800

2.  Information Section

18.    One Information Officer    15,600

19.    One Senior Analyst    13,200

20.    One Analyst    9,300

21.    One Librarian    9,300

22.    One Assistant Librarian    5,280

23.    One Draftsman    5,280

24.    One Senior Stenographer    4,200

3.  Sectorial Planning Section

25.    One Chief Analyst (Section Head)    15,600

26.    One Senior Analyst    13,200

27.    One Senior Analyst    13,200

28.    One Analyst    9,300

29.    One Analyst    9,300

30.    One Staff Assistant    5,280

31.    One Senior Stenographer       4,200

4.  Industry Planning Section

32.    One Chief Analyst (Section Head)    15,600

33.    One Senior Analyst    13,200

34.    One Senior Analyst    13,200

35.    One Analyst    9,300

36.    One Assistant Analyst    7,020

37.    One Staff Assistant    5,280

38.    One Clerk-Typist    3,600

5.  Statistics Section

39.    One Chief Analyst (Section Head)    15,600

40.    One Senior Analyst    13,200

41.    One Analyst    9,300

42.    One Assistant Analyst    7,020

43.    Two Staff Assistants at P5,280    10,560

44.    One Clerk-Typist    3,600

D.  PROJECT DEVELOPMENT DEPARTMENT

1.  Office of the Director

45.    One Director    24,000

46.    One Senior Analyst    13,200

47.    One Analyst    9,300

48.    One Secretary    4,800

2.  Agricultural Industries Section

49.    One Chief Analyst (Section Head)    15,600

50.    One Senior Analyst    13,200

51.    Two Analysts at P9,300    18,600

52.    One Assistant Analyst    7,020

53.    One Staff Assistant    5,280

54.    One Clerk-Typist    3,600

3.  Chemical and Allied Processing

Industries Section

55.    One Chief Analyst (Section Head)    15,600

56.    One Senior Analyst    13,200

57.    One Senior Analyst    13,200

58.    Two Analysts at P9,300    18,600

59.    One Analyst    8,400

60.    One Assistant Analyst    7,020

61.    One Staff Assistant    5,280

62.    One Clerk-Typist    3,600

4.  Engineering, Metallurgical and
Mining Industries Section

63.    One Chief Analyst (Section Head)    15,600

64.    Two Senior Analysts at P13,200      26,400

65.    One Analyst    9,300

66.    One Analyst    9,300

67.    One Assistant Analyst    7,200

68.    One Assistant Analyst    7,020

69.    One Staff Assistant    5,280

70.    One Clerk-Typist    3,600

E.  PROJECT EVALUATION DEPARTMENT

1.  Office of the Director

71.    One Director    24,000

72.    One Secretary    4,800

2.  Engineering Section

73.    One Chief Analyst (Section Head)    15,600

74.    One Senior Analyst    13,200

75.    One Senior Analyst     13,200

76.    One Senior Analyst     13,200

77.    One Senior Analyst    13,200

78.    Two Analysts at P9,300    18,600

79.    One Assistant Analyst    7,200

80.    One Assistant Analyst    7,020

81.    One Staff Assistant    5,280

82.    One Clerk-Typist    3,600

3.  Marketing and Distribution Section

83.    One Chief Analyst (Section Head)    15,600

84.    Three Senior Analysts at P9,300    39,600

85.    Two Analysts at P9,300     18,600

86.    Two Assistant Analysts at P7,020    14,040

87.    One Staff Assistant    5,280

88.    One Senior Stenographer    4,200

4.  Finance Section

89.    One Chief Analyst (Section Head)    15,600

90.    One Senior Analyst     13,200

91.    Two Senior Analysts at P13,200     26,400

92.    Two Analysts at P9,300     18,600

93.    Three Analysts at P8,400    25,200

94.    One Assistant Analyst    7,020

95.    Two Staff Assistants at P5,280    10,560

96.    One Clerk-Typist    3,600

F.  PROJECT ASSISTANCE AND SUPERVISION DEPARTMENT

1.  Office of the Director and Legal Counsel

97.    One Director    24,000

98.    One Assistant Director    19,100

99.    One Liaison Officer     13,200

100.    One Secretary     4,800

101.    One Senior Stenographer     4,200

2.  Legal Section

102.    One Legal Officer I (Section Head)    15,600

103.    Two Legal Officers II at P13,200     26,400

104.    One Legal Officer II     13,200

105.    Three Legal Officers III at P9,300    27,900

106.    Three Legal Officers at P7,200    21,600

107.    One Senior Stenographer    4,200

3.  Processing Section

108.    One Chief Analyst (Section Head)    15,600

109.    One Senior Analyst     13,200

110.    One Analyst     9,300

111.    One Processing Clerk     3,600

112.    One Processing Clerk     3,600

4.  Project Assistance Section

113.    One Chief Analyst (Section Head)    15,600

114.    One Senior Analyst    13,200

115.    One Senior Analyst    13,200

116.    Three Analysts at P9,300     27,900

117.    One Staff Assistant     5,280

118.    One Senior Stenographer     4,200

5.  Project Supervision Section

119.    One Chief Analyst (Section Head)    15,600

120.    One Senior Analyst     13,200

121.    Two Senior Analysts at P13,200    26,400

122.    One Analyst     9,300

123.    Two Assistant Analysts at P7,020    14,040

124.    One Senior Stenographer    4,200

G.  MANAGEMENT SERVICES

1.  Administrative Office

125.    One Administrative Officer     15,600

126.    One Clerk-Typist     3,600

2.  Budget and Finance Office

127.    One Budget Officer    14,400

128.    One Senior Budget Examiner    7,200

129.    One Cashier    7,020

130.    One Budget Examiner    7,020

131.    One Assistant Cashier    5,400

132.    One Clerk-Typist    3,600

3.  Accounting Office

133.    One Chief Accountant    10,800

134.    One Assistant Chief Accountant     8,400

135.    One Accountant     7,020

136.    Two Accounting Clerks at P4,200    8,400

137.    One Clerk-Typist    3,600

4.  Personnel Office

138.    One Personnel Officer    9,300

139.    One Personnel Clerk     4,200

140.    One Personnel Aide     3,600

141.    One Clerk-Typist     3,600

5.  Records Office

142.    One Records Officer     9,300

143.    One Records Clerk    4,200

144.    One Clerk-Typist    3,600

145.    One Technical Utility Man    3,600

6.  Property and Supply Office

146.    One Supply Officer    10,800

147.    One Property Custodian     4,200

148.    One Canvasser    4,200

149.    One Clerk-Typist     3,600

150.    One General Services Officer    9,300

151.    One Receptionist    3,600

152.    One Clerk-Typist    3,600

153.    One Clerk-Typist     3,600

154.    One Driver    2,700

155.    One Driver    2,700

156.    Two Drivers at P2,700    5,400

157.    One Telephone Operator    3,600

158.    Three Technicians (Utility Aide) at P3,000    9,000

159.    Six Messengers at P2,700    16,200

MISCELLANEOUS

160.    For salaries and wages of temporary
    and emergency employees, including
    technical men, skilled, semi-skilled
    and unskilled laborers who may be
    employed from time to time as the
    need of their services may require at
    rates in accordance with the Minimum
    Wage Law, R.A. No. 4180    50,000

161.    For employees' retirement and life
    insurance premiums           86,700

    Total for personal services (202 positions)    P2,033,200

II.  MAINTENANCE AND OTHER OPERATING
EXPENSES

1.    Traveling expenses    P100,000

2.    Supplies and materials    100,000

3.    Sundry expenses, including the commutable
    allowances of the Board Members,
    pursuant to the provisions of R.A. 5186,
    and other representation expenses    300,000

    Total for Maintenance and Other
    Operating Expenses    P500,000

III.  EQUIPMENT

1.    Equipment Outlay, including the purchase
    of two automobiles, and two station
    wagons needed in carrying out the
    objective of R.A. 5186     P150,000

    Total for Equipment     P150,000

IV.  SPECIAL PURPOSE

1.    For expenses to carry out project assistance
    and to conduct investment studies,
    seminars and surveys including salaries,
    additional compensation, honoraria to
    technical and other personnel for consultants,
    subject to the approval of the Board    P200,000

    Total for Special Purposes     P200,000

SUMMARY

    Total for salaries & wages    P2,033,200

    Total for sundry expenses    500,000

    Total for equipment    150,000

    Total for special purpose    200,000

    Total current operating expenditures

    for the Board of Investments
    (General Fund)    P2,883,200

Sec. 2.    The provisions under the "General Provisions" contained in the General Appropriations Act for the fiscal year nineteen hundred sixty-eight and sixty-nine which are not in conflict with the provisions of Republic Act Numbered Fifty-one hundred and eighty-six and this Act, are hereby made applicable in carrying out the purposes of this Act.

Sec. 3.    This Act shall take effect July first, nineteen hundred and sixty-eight.

Approved: September 30, 1968


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