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Creating The Leyte Sab-A Basin Development Authority, Defining Its Powers And Functions, And For Other Purposes
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Creating The Leyte Sab-A Basin Development Authority, Defining Its Powers And Functions, And For Other Purposes
Presidential Decree No. 625
December 26, 1974
Case Overview and Summary
Summary of Presidential Decree No. 625Creation of the Leyte Sab-A Basin Development Authority
- Body corporate created called the Leyte Sab-A Basin Development Authority (Section 1)
- Territorial jurisdiction covers municipalities of Alang-Alang, Barugo, Palo, San Miguel, Sta. Fe, Babatngon, portion of Jaro, forestlands in Tacloban City (Section 2)
- Principal office to be established within the Basin area (Section 3)
Purposes of the Authority
- Undertake comprehensive survey of physical and natural resources in the Basin (Section 4a)
- Provide planning, management, technical assistance to investors (Section 4b)
- Arrange financing, technical support for entities operating in the Basin (Section 4c)
- Approve plans, programs, projects related to Basin development (Section 4d)
- Engage in agricultural, mining, forestry, fishery, commercial, industrial projects in the Basin (Section 4e)
- Relocate affected populations for development (Section 4f)
- Undertake social benefit services like healthcare, education for inhabitants (Section 4g)
- Undertake works on waterways, reclamation projects (Section 4h)
- Control and regulate use of lands, rivers, waterfalls, springs, lakes in the Basin (Section 4i)
Powers and Functions of the Authority
- Have perpetual succession, sue and be sued, adopt corporate logo (Sections 5a-5c)
- Adopt and amend by-laws (Section 5d)
- Enter into contracts (Section 5e)
- Acquire, lease, sell real and personal property with conditions (Section 5f)
- Exercise power of eminent domain (Section 5g)
- Adopt measures to protect life, liberty, properties with President's approval (Section 5h)
- Perform screening functions for permits, licenses, leases in the Basin (Section 5i)
- Negotiate with landowners for land leases for mechanized cultivation (Section 5j)
- Grant loans to farmer's cooperatives (Section 5k)
- Enter into management contracts with local/foreign firms (Section 5l)
- Avail expertise of government employees with department head's approval (Section 5m)
- Conduct scientific experiments, research (Section 5n)
- Encourage cooperative ventures in agriculture, business (Section 5o)
- Arrange local/foreign financing for projects with approval (Section 5p)
- Engage in agro-industrial, business activities including rural banks (Section 5q)
- Make regulations to execute powers and functions (Section 5r)
- Do other things necessary for attaining objectives (Section 5s)
Capitalization and Funding
- Two capital funds: Capital Fund for Operations and Capital Fund for Social Services (Section 6)
- Capital Fund for Operations has authorized capital of 100 million pesos, divided into 1 million shares at 100 pesos par value (Section 6a)
- Capital Fund for Social Services to finance social benefits, invested in fixed income securities (Section 6b)
- Subscription details for Capital Fund for Operations shares by national government, province, city, municipalities (Section 7)
- Capital Fund for Social Services consists of grants, endowments, bequests (Section 8)
Directorate, Management and Personnel
- Powers vested in Board of Directors with 5-11 members (Section 9)
- Board powers and duties specified (Section 10)
- Administrator qualifications and appointment by President (Sections 11-12)
- Powers and duties of the Administrator (Section 13)
- Other officers, tenure, compensation (Section 14)
- Effect of vacancies in the Board (Section 15)
- Filling vacancy before expiration of term (Section 16)
- Disqualification of ex-officio members from related professions/businesses (Section 17)
- Prohibition on conflict of interest for ex-officio members (Section 18)
- Quorum for Board meetings (Section 19)
- Per diems and allowances for Board members (Section 20)
- Merit system for employment (Section 21)
Finance, Accounts, Budget and Audits
- Start-up funds appropriated for 2 years (Section 22)
- Power to issue bonds for Capital Funds (Section 23)
- Bond features like interest rates, denominations, tax exemption (Section 24)
- Government guarantee for bond principal and interest payments (Section 25)
- Tax exemptions for Authority and subsidiaries with conditions (Section 26)
- Performance budgeting system (Section 27)
- Auditing requirements and annual report (Sections 28-29)
Relocation
- Relocation of affected tenants, landowners, squatters (Section 30)
Woodlands and Nature Recreation Area
- Leyte Multipurpose Woodlands and Nature Recreation Reservation Area of 12,500 hectares (Section 31)
Miscellaneous Provisions
- Term of 50 years for the Authority, subject to extension (Section 32)
- Repealing inconsistent laws (Section 33)
- Provisions in case part of decree is unconstitutional (Section 34)
- Immediate effectivity (Section 35)
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Law
Creating The Leyte Sab-A Basin Development Authority, Defining Its Powers And Functions, And For Other Purposes
Presidential Decree No. 625
•December 26, 1974
MALACAÑANGM a n i l a
PRESIDENTIAL DECREE No. 625 December 26, 1974
CREATING THE LEYTE SAB-A BASIN DEVELOPMENT AUTHORITY, DEFINING ITS POWERS AND FUNCTIONS, AND FOR OTHER PURPOSES
I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution, in order:
1. To integrate Government and private sector efforts and resources for a planned development and balanced growth of the Sab-A Basin in the Province of Leyte, as proposed in its 1975-1970 development program, through the combined and harmonized pursuit of entrepreneurial and social objectives on a self-sustaining basis;
2. To reclaim swamps, wastelands and drain water-logged areas to minimize the scourge of schistosomiasis and fasciolasis both endemic in the area;
3. To develop a food basket within the Province of Leyte and Region VIII by increasing agricultural productivity; and
4. To provide a model for the development of agricultural estate,
do hereby decree and order:
ARTICLE ICREATION, JURISDICTION, PURPOSES AND POWERS
Section 1. Body Corporate Created. For the purpose of carrying out and effecting the...
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Amends
n/a
Amended by
n/a
Tags
Executive Issuances
Presidential Decrees
Leyte Sab-A Basin Development Authority
territorial jurisdiction
purposes
powers and functions
capitalization
Capital Fund for Operations
Capital Fund for Social Services
Board of Directors
Administrator
management
personnel
finance
accounts
budget
audits
relocation
Woodlands and Nature Recreation Area
term
repealing clause
effectivity
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