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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 103 -
AUTHORIZING THE ESTABLISHMENT OF THE JOHN HAY DEVELOPMENT CORPORATION
AS THE IMPLEMENTING ARM OF THE BASES CONVERSION DEVELOPMENT AUTHORITY
FOR CLUB JOHN HAY, AND DIRECTING ALL HEADS OF DEPARTMENTS, BUREAUS,
OFFICES, AGENCIES AND INSTRUMENTALITIES OF GOVERNMENT TO SUPPORT THE
PROGRAM
WHEREAS, it is the policy of the
Government to accelerate the sound and balanced conversion of the
former military reservations and their contiguous extensions into
alternative productive civilian uses to promote the economic and social
development of the country;
WHEREAS, the Bases Conversion Development Authority (BCDA) is mandated
by Republic Act No. 7227 (RA 7227), otherwise known as the “Bases
Conversion Development Act of 1992”, to prepare, adopt and implement a
comprehensive and detailed plan for the conversion of these military
reservations and their contiguous extensions consistent with the plans
and programs of the national government and local government
units;
WHEREAS, Section 16 of RA 7227, authorizes the BCDA to form, establish,
organize and maintain subsidiaries in accordance with Philippine
Corporation Law;
WHEREAS, it is envisioned that Club John Hay will be converted into a
tourism, human resource development center and multiple use forest
watershed reservation; and
WHEREAS, the national leadership is cognizant of the vital role of the
private sector and local government units in the John Hay conversion
program.
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.
The JHDC shall be a subsidiary corporation of the BCDA and shall be
formed in accordance with Philippine Corporation Law and existing rules
and regulations promulgated by the Securities and Exchange Commission
pursuant to Section 16 of RA 7227.
The JHDC shall be subject to the policies, rules and regulations of the
BCDA.
Sec. 2.
The JHDC shall be exempt from the coverage of the Civil Service laws,
rules and regulations.
Sec. 3.
The members of the Board representing the equity or capital stock in
JHDC of BCDA and other national government agencies shall be nominated
by the President.
No person shall be nominated as a member of the Board representing the
capital stock of the national government in JHDC unless he is a
Filipino citizen, of good moral character, and of recognized competence
in relevant fields including but not limited to economics, tourism,
management, international relations, law or engineering.
Sec. 4.
4.1
4.2
4.3
Sec. 5.
Sec. 6.
Sec. 7.
DONE in the City of Manila,
this 29th day of June in the year of Our Lord, Nineteen Hundred and
Ninety-Three.
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