Sec. 3. Powers and Functions. — The Task Force shall have the following powers and functions:

a. Prepare a programme of action and identify priorities to be adopted and implemented by the government and the private sector to carry-out the agreements of the National Development Summit Workshop on the vision to launch the Philippines as a maritime power in East Asia in the 21st century through the following:

i. review and evaluate existing plans, policies and programmes relating to the development of the maritime sector in the light of the above vision;

ii recommend amendments and/or revision of existing laws and policies for the enactment of additional laws, rules and regulations and policies when warranted;

iii conduct researches, studies and inquiries on the issues and implications to the Philippine maritime sector of relevant domestic and international developments;

iv. identification of private sector initiatives and technological innovations that will enhance our competitive advantages in both the regional and global markets.

b. Monitor, shepherd and fast-track the implementation of the programme of action, coordinating and consulting with the different concerned government agencies and private sector groups especially on urgent measures of major impact to the maritime sector i.e., inclusion of the Philippines in the International Maritime Organization (IMO) whitelist under STCW ‘95, ratification of important maritime conventions, (MARPOL 73/78, U.N. Convention on Ships Registration, FAL Convention of 1964), re-engineering of the Maritime Administration structure of the country thru the transfer of the PCG from the DND to the DOTC, amendment of PD 97 as proposed, revision of maritime incentives, and other similar important and urgent maritime issues of great economic significance;

c. Enhance collaboration and build consensus among the various sectors that may be affected.

d. Create technical working groups as may be necessary to accomplish its function.

e. Adopt rules and guidelines to govern the internal affairs of the Task Force; and

f. Perform such other powers and functions as may be necessary to achieve the objectives of this order.

Sec. 4. Meetings and Quorum. — The Task Force shall meet at least once every month or as often as may be necessary upon the call of the Chairmen.

The Task Force shall immediately convene upon the promulgation of this Executive Order to prepare and approve the Implementing Rules and Regulations for its effective implementation.

The presence of a majority of the members shall constitute a quorum and the vote of a majority of said quorum shall be sufficient for the approval of any action of the Task Force.

Sec. 5. Secretariat. — The National Economic and Development Authority and the Department of Transportation and Communications, in collaboration with the private sector, shall establish and head a permanent Secretariat to provide technical and administrative support in the implementation of the programmes as formulated by the Task Force.

Sec. 6. Funding. — The initial appropriations of three (3) million pesos shall be drawn from the budget allocation of the Office of the President. Subsequent appropriations shall be incorporated in the annual budget of the Department of Transportation and Communications as approved by both Houses of Congress.

Sec. 7. Honoraria. — The Chairman of the Task Force shall establish a system of honoraria or allowances for the meetings of the members in accordance with existing accounting and auditing regulations.

Sec. 8. Repealing. — All other laws, orders, issuances, rules and regulations or parts thereof, inconsistent with this order are hereby repealed or modified accordingly.

Sec. 9. Effectivity Clause. — This Order shall take effect immediately.

DONE, in the City of Manila, on this 17th day of July in the year of our Lord, nineteen hundred and ninety-seven.
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Since 19.07.98.