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ADMINISTRATIVE ORDERS
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ADMINISTRATIVE ORDER NO. 75 -
DIRECTING THE TRANSFER AND ATTACHMENT OF THE BAGONG KILUSANG KABUHAYAN
AT KAUNLARAN (BKKK) SECRETARIAT TO THE LAND BANK OF THE PHILIPPINES,
INCLUDING ALL ITS APPLICABLE AND EXISTING FUNDS, PERSONNEL, PROPERTIES,
EQUIPMENT AND RECORDS, IN ACCORDANCE WITH Sec. 37 OF REPUBLIC ACT
NO. 6657 (1988)
WHEREAS, Sec. 37 of Republic Act No.
6657, otherwise known as the Comprehensive Agrarian Reform Law of 1988,
provides that "[t]he Bagong Kilusang Kabuhayan sa Kaunlaran (BKKK)
Secretariat shall be transferred and attached to the LBP, for its
supervision including all its applicable and existing funds, personnel,
properties, equipment and records";
WHEREAS, on 28 January 1992, the
Department of Justice rendered DOJ Opinion No. 10 (s. 1992) which
stated that Sec. 37 of Republic Act No. 6657 (1988) which stated
that Sec. 37 of Republic Act No. 6657 (1988) transferred the BKKK
Capital Fund/National Livelihood Support Fund from the Office of the
President to the Land Bank of the Philippines; and
WHEREAS, there is an imperative
need to effect the transfer mandated by Sec. 37 of Republic Act No.
6657 in order to provide support services to farmers.
NOW, THEREFORE, I FIDEL V.
RAMOS, President of the Republic of the Philippines, by virtue of the
powers vested in me by law, do hereby order:
Section 1.
Sec. 2.
President,
land Bank of the Philippines
Executive Vice-President for
Agrarian
Vice-President, Land Bank of the
Executive Director V, BKKK
Secretariat
A Representative of the
Department of
(b)
Sec. 3.
Sec. 4.
Sec. 5.
DONE in the City of Manila, this 6th day of August in the year of Our Lord, Nineteen Hundred and Ninety-Three.
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