A
collection of Philippine laws, statutes and codes
not
included or cited in the main
indices
of
the
Chan Robles Virtual Law Library
PRESIDENTIAL DECREE NO. 1649
PRESIDENTIAL DECREE NO. 1649 -
AMENDING THE PROVISIONS OF PRESIDENTIAL DECREE NO. 1112 ENTITLED,
"AUTHORIZING THE ESTABLISHMENT OF TOLL FACILITIES ON PUBLIC
IMPROVEMENTS, CREATING A BOARD FOR THE REGULATION THEREOF AND FOR OTHER
PURPOSES", OTHERWISE KNOWN AS THE "TOLL OPERATION DECREE"
|
chanroblesvirtualawlibrary
WHEREAS,
Presidential Decree No. 1112 created the Toll Regulatory Board to
closely supervise and regulate the collection of toll fees for the use
of certain public improvements and the operation of toll facilities by
the private sector viewed as an alternative source of financing to
ensure the prosecution of infrastructure projects that complement the
overall national development effort: chanroblesvirtualawlibrary
WHEREAS, the Ministry of Transportation and Communications has been
created under the provisions of Executive Order No. 546 dated 23 July
1979;chanroblesvirtualawlibrary
WHEREAS, in keeping with the policy of government of enhancing
efficiency and effectiveness in the implementation of governmental
programs, the realignment of the assigned responsibilities of some
Ministries is imperative.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
order and decree:cralaw:red
Section 1. Section 2 of Presidential Decree No. 1112
is hereby amended to read as follows: chanroblesvirtualawlibrary
"Sec. 2. Toll Regulatory Board. — There is hereby
created the Toll Regulatory Board hereinafter referred to as the
"Board" composed of the Minister of Transportation and Communications
as Chairman, the Deputy Director-General for Program and Projects of
the National Economic and Development Authority, the Deputy Minister of
Public Highways, the Deputy Minister of Finance and a representative
from the private sector preferably a lawyer or an economist with
adequate experience in public utilities regulation to be appointed by
the President as Members".
Section 2. This Decree shall take effect immediately.
DONE in the City of Manila,
this 26th day of October, in the year of Our Lord, nineteen hundred and
seventy-nine.
|
Back
to Home
- Back
to Main
chanroblesvirtuallawlibrary
Since 19.07.98
|