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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.
Republic Acts :
REPUBLIC ACTS
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REPUBLIC ACT NO. 4721 - AN ACT
EXTENDING THE LIFE OF THE ABACA DEVELOPMENT PROGRAM, EXPANDING ITS
ACTIVITIES TO COVER OTHER FIBERS, AND MAINTAINING ITS OWN FUNDS Section 1. This Act shall be known as the Abaca and Other Fibers Development Program Act. Sec. 2. It is hereby declared to be a national policy to rehabilitate and expand the abaca and other fibers industry of the country to maintain its world supremacy and the world demand for abaca and other Philippine fibers and their by-products, and to provide adequate measures to ensure permanent stability in the production and consumption of abaca and other fibers. Sec. 3. The Abaca and Other Fibers Development Program envisioned in this Act shall be under the direct control and supervision of the Secretary of Agriculture and Natural Resources, through a Board composed of the Director of the Bureau of Plant Industry, Director of the Bureau of Fiber Inspection Service, Commissioner of the Agricultural Productivity Commission, one representative each of the three abaca producing regions, namely Bicol, Visayas and Mindanao, and a representative of the Philippine Association of Abaca Producers and Exporters to be appointed by the President of the Philippines for a term of one year with the consent of the Commission on Appointments of the Congress of the Philippines. Each member shall receive a per diem of fifty pesos per meeting actually attended: provided, that no member shall earn more than two hundred pesos in per diems, allowances and other forms of compensation every month. Sec. 4. The Program shall cover the following
phases considered necessary to attain the primary objectives to bring
at least to pre-war level the production of abaca and other fibers, to
reduce their cost of production in order to complete successfully with
other hard fibers in the world markets, to achieve the desired level of
abaca and other Philippine fibers exports, and finally, to maintain a
well-balanced production and demand of abaca and other fibers: Sec. 5. The balance of appropriations provided for in Republic Act Numbered Three thousand forty-five shall continue to be expended to carry out the provisions of this Act. Sec. 6. Any amount earned in the operation of any of the projects under the Abaca and Other Fibers Development Program shall be credited to the name of the Program and constituted as a revolving fund to be used as determined by the Program through the resolution of the Board. Sec. 7. The budget and the production plan for each year shall be prepared by the Program and submitted to the Board for approval within thirty days before the end of each fiscal year. Sec. 8. The Abaca and Other Fibers Development Program shall have an auditor who shall be assisted by his staff to be appointed by the Auditor General, whose salaries and all other expenses of maintaining the auditor's office shall be paid by the Program. Sec. 9. The general manager of the Abaca and Other
Fibers Development Program shall tender a yearly report through the
Secretary of Agriculture and Natural Resources to the President of the
Philippines, the President of the Senate and the Speaker of the House
of Representatives on the operation of the Program, furnishing copies
thereof the Committee on Agriculture of both Chambers of Congress, not
later than thirty days after the end of each fiscal year. Approved: June 18, 1966 |
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