Placing The Bataan Technology Park, Inc. Back Under The Jurisdiction Of The Bases Conversion And Development Authority

Summary of Executive Order No. 476

Placing the Bataan Technology Park, Inc. Back Under the Jurisdiction of the Bases Conversion and Development Authority

- The Bases Conversion and Development Authority (BCDA) was created under Republic Act (RA) No. 7227, and Section 16 thereof allows it to form, establish, organize and maintain a subsidiary corporation or corporations. (Legal basis: Section 16 of RA No. 7227)
- Executive Order (EO) No. 62, dated February 27, 1993, prescribing policies and guidelines to implement RA 7227, in Section 3 thereof, authorizes BCDA to adopt and implement an effective oversight mechanism over subsidiaries, attached authorities and special economic zones declared under the Act. (Legal basis: Section 3 of EO No. 62)
- Section 3 of EO 381, dated October 26, 2004, placing the Bataan Technology Park (BTP) under the jurisdiction of the Subic Bay Metropolitan Authority (SBMA), transferred the regulatory powers, functions and authority of BCDA over BTP to SBMA. (Legal basis: Section 3 of EO No. 381)
- Section 20, Chapter 7, Title I, Book III of the Administrative Code of 1987 grants the President residual powers to reorganize the Executive Branch of government. (Legal basis: Section 20, Chapter 7, Title I, Book III of the Administrative Code of 1987)
- The Executive Order places the Bataan Technology Park, Incorporated back under the jurisdiction of the Bases Conversion and Development Authority (BCDA).
- All orders, issuances, rules and regulations or parts thereof inconsistent with this Executive Order are hereby repealed and modified accordingly.
- The Executive Order shall take effect immediately upon publication in a newspaper of general circulation.