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ADMINISTRATIVE ORDERS
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ADMINISTRATIVE ORDER NO. 19 -
CREATING THE PRESIDENTIAL AD-HOC COCONUT LEVY FUNDS AUDIT COMMITTEE
WHEREAS, the government recognizes the
legitimate demand of the coconut farmers for the government to conduct
a financial and management audit for the protection of farmers'
interest;
WHEREAS, it has been ruled by the Supreme Court of the Philippines in
Cocofed v. PCGG, G.R. No. 75713, October 2, 1989 that: "Until it is
demonstrated satisfactorily that they (coconut levy funds) have
legitimately become private funds, they must prima facie and by reason
of the circumstance in which they were raised and accumulated be
accounted subject to the measures prescribed in E.O. Nos. 1, 2 and 14
(s. 1986) to prevent their concealment, dissipation, etc., which
measures include the sequestration and other orders of the PCGG";
WHEREAS, it is imperative to safeguard the coconut levy funds now under
government sequestration;
WHEREAS, the utilization and proper management of the coconut levy
funds, raised by the State's police and taxing powers, are the concern
of the Government;
NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines,
pursuant to the authority conferred upon me by law, do hereby create
and Ad-Hoc Coconut Levy Funds Audit Committee, under the Office of the
President, composed of the following:
a.
b.
c.
d.
e.
f.
g.
The Committee shall be headed by Mr. Emmanuel Pelaez as its Chairman, the PCGG Chairman as its Vice-Chairman, and the PCA Administrator as its Secretary.
A Secretariat composed of representatives from the abovenamed government agencies shall be organized by the Committee and shall hold at the PCA office, Diliman, Quezon City.
The Committee shall:
1.
2.
3.
The Committee may call on any Department, Bureau, Office, Agency or any instrumentality of the government for assistance in its auditing task, as well as in the discharge of its functions.
DONE in the City of Manila, this 9th day of November in the year of Our Lord, Nineteen Hundred and Ninety-Two.
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Since 19.07.98.