ChanRobles Virtual law Library
PHILIPPINE LAWS, STATUTES & CODES
A collection of Philippine laws, statutes and codes not included or cited in the main indices of the Chan Robles Virtual Law Library.
Home > Chan Robles Virtual Law Library > Philippine Laws, Statutes & Codes > :
Search for
www.chanrobles.com
:
EXECUTIVE ORDERS
PLEASE CLICK HERE FOR THE LATEST ➔ PHILIPPINE LAWS, STATUTES & CODES
EXECUTIVE ORDER NO. 718 - AMENDING
SECTION FOURTEEN OF REPUBLIC ACT NUMBERED EIGHTY FIVE, AS AMENDED BY
REPUBLIC ACT NUMBERED THREE THOUSAND FIVE HUNDRED SEVENTEEN AND
PRESIDENTIAL DECREE NUMBERED FOUR HUNDRED TWENTY THREE
WHEREAS, it is most desirable to
continuously improve the organization of government entities to remain
responsive to current needs of development;
WHEREAS, government management systems must be kept effective at all
times; and
WHEREAS, under Presidential Decree No. 1416 as amended, the President
is empowered to undertake such organizational and related improvements
as may be appropriate in the light of changing circumstances and new
developments.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, and the
authority vested in me by Presidential Decree No. 1416 as amended, do
hereby order and ordain:
Section 1.
“Sec.
14.
The President may designate, as
Vice-Chairmen, two of the eight members of the Board, who shall perform
such functions as may be determined and assigned by the Chairman.
No person shall be appointed
Chairman or member of the Board of Governors unless he be of good moral
character and unquestionable integrity and be of recognized competence
in economics, agriculture, industry, finance and/or
banking.”
Sec. 2.
Sec. 3.
Sec. 4. Since 19.07.98.
Done in the City of Manila,
this 15th day of August, in the year of Our Lord, nineteen hundred and
eighty-one.
chan
robles virtual law librar
Back to Main
chan
robles virtual law library