EXECUTIVE ORDER NO. 617
EXECUTIVE ORDER NO. 617 -
TRANSFERRING ALL THE SOYBEAN SEED BANK PROJECTS TO THE NATIONAL
DEVELOPMENT COMPANY
WHEREAS, the Government,
recognizing the potentials of soybean in its over-all Food
Self-Sufficiency Program, has declared a national program for the
nationwide commercial production of soybean pursuant to the provisions
of Presidential Proclamation No. 1632, LOI Nos. 747 and 747-A;
WHEREAS, the Government, after successfully identifying soybean
varieties with the highest yields, is now ready to go into commercial
production of Certified Pure Seeds for dispersal on a national
level;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
order that:
Section 1. The supervision, direction, administration
and control of all Soybean Seed Bank to be established in the various
regions of the country and including the pilot project in the Mindoro
Agro-Forest Development Reservation, originally attended to,
administered and supervised by the Ministry of Natural Resources, being
a component activity of the National Soybean Development Program, is
hereby transferred to the National Development Company, a wholly owned
and controlled government corporation.
Sec. 2. The transfer of such authority and
supervision from the Ministry of Natural Resources to the National
Development Company shall also include the transfer of all the assets,
whether fixed or variable, i.e., land and improvements thereon
including facilities, equipment, supplies and inventories that have
been purchased, leased or in any manner acquired by the Ministry of
Natural Resources for this specific project, together with the balance
of any funds previously disbursed and allocated to the Ministry of
Natural Resources for this Special Project. These shall form part of
the equity investment of the Government in the National Development
Company.
Sec. 3. To ensure an immediate and orderly
transfer as hereby provided and ordered, the Ministry of Natural
Resources shall submit to the National Development Company, a detailed
inventory list of all kinds of assets, fixed or variable, and all other
pertinent data and information in respect to the status and progress of
the Soybean Seed Bank Farm development and other information concerning
such project, and shall conduct through its residents COA auditor an
audit examination of the funds of the Soybean Seed Bank Farm in the
Mindoro Agro-Forest Development Reservation within thirty (30) days
from date hereof, preparatory to the formal transfer of the project in
the National Development Company. Its audit findings and report duly
certified by the auditor shall be submitted to, and formally accepted
by, the National Development Company.
Sec. 4. The National Development Company is hereby
authorized, subject to the President’s approval, to enter into such
contracts with the private sector, as it may deem necessary for the
purpose of administering, managing and developing the Soybean Seed Bank
Farm, including the dispersal, gathering, marketing and production of
the foundation seeds.
Sec. 5. The Ministry of Natural Resources, the
Ministry of Agriculture and all other bureaus and agencies of the
Ministries, including such other governmental agencies specified in LOI
747 and 747-A and such other governmental agencies whose functions are
related to this project, are hereby directed to provide and give full
support and assistance to accelerate realization of intended
objectives.
Sec. 6. The Ministry of the Budget is hereby
directed to provide, in the annual appropriations to the National
Development Company, the annual funding requirements for its projects
until such time as its income generated from such project can support
all the operating requirements of the project.
All appropriations of funds authorized under the 1981 budgetary
appropriations under the Ministry of Natural Resources for the project
shall be transferred and allocated to the National Development Company.
Sec. 7. All Decrees, Letters of Instructions or
Implementation, Circulars, Orders, Rules and Regulations or parts
thereof that are inconsistent herewith are hereby revoked or modified
accordingly.
Done in the City of Manila,
this 21st day of August, in the year of Our Lord, nineteen hundred and
eighty.