Reconstituting the Board of Directors of the Philippine Amusements and Gaming Corporation, Created Under Presidential Decree No. 1067-A

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Reconstituting the Board of Directors of the Philippine Amusements and Gaming Corporation, Created Under Presidential Decree No. 1067-A

Executive Order No. 604

July 18, 1980

Case Overview and Summary

Reconstituting the Board of Directors of the Philippine Amusements and Gaming Corporation (PAGCOR)

- Composition of the Board of Directors (Section 1):
• The Board shall be composed of five (5) members.
• The Chairman shall come from the government sector.
• The President shall appoint the Chairman and other members at his discretion.
• This provision supersedes any contrary provisions in PAGCOR's charter or other decrees, statutes, or orders.

- Transitory Provision (Section 2):
• The incumbent directors shall continue to hold office until their successors are duly appointed and qualified.

- Effectivity (Section 3):
• This Executive Order shall take effect immediately.

Amends

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Amended by

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Tags

Executive Issuances

Executive Orders

Philippine Amusements and Gaming Corporation

PAGCOR

Board of Directors

Composition

Chairman

Government Sector

Presidential Appointment

Transitory Provision

Incumbent Directors

Effectivity

Law

Reconstituting the Board of Directors of the Philippine Amusements and Gaming Corporation, Created Under Presidential Decree No. 1067-A

Executive Order No. 604

July 18, 1980

EXECUTIVE ORDER NO. 604 July 18, 1980 RECONSTITUTING THE BOARD OF DIRECTORS OF THE PHILIPPINE AMUSEMENTS AND GAMING CORPORATION, CREATED UNDER PRESIDENTIAL DECREE NO. 1067-A WHEREAS, the majority of the members of the Board of Directors of the Philippine Amusements and Gaming Corporation ("PAGCOR") have heretofore been ex officio directors holding office as such by virtue of their respective position in other government offices; WHEREAS, it is deemed advisable that the composition of the Board of PAGCOR should be flexible in order that the appointment of directors may be made in accordance with their respective capability and areas of concern; and WHEREAS, under Presidential Decree No. 1416, the President is empowered to undertake such organizational and related improvements as he may deem appropriate for the efficient conduct of government functions, services and activities. NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, and the authority vested in me by Presidential Decree No. 1416, do hereby order and ordain: Sec. 1. Composition of Board...
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Reconstituting the Board of Directors of the Philippine Amusements and Gaming Corporation, Created Under Presidential Decree No. 1067-A

Amends

n/a

Amended by

n/a

Tags

Executive Issuances

Executive Orders

Philippine Amusements and Gaming Corporation

PAGCOR

Board of Directors

Composition

Chairman

Government Sector

Presidential Appointment

Transitory Provision

Incumbent Directors

Effectivity

EXECUTIVE ORDER NO. 604 July 18, 1980 RECONSTITUTING THE BOARD OF DIRECTORS OF THE PHILIPPINE AMUSEMENTS AND GAMING CORPORATION, CREATED UNDER PRESIDENTIAL DECREE NO. 1067-A WHEREAS, the majority of the members of the Board of Directors of the Philippine Amusements and Gaming Corporation ("PAGCOR") have heretofore been ex officio directors holding office as such by virtue of their respective position in other government offices; WHEREAS, it is deemed advisable that the composition of the Board of PAGCOR should be flexible in order that the appointment of directors may be made in accordance with their respective capability and areas of concern; and WHEREAS, under Presidential Decree No. 1416, the President is empowered to undertake such organizational and related improvements as he may deem appropriate for the efficient conduct of government functions, services and activities. NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, and the authority vested in me by Presidential Decree No. 1416, do hereby order and ordain: Sec. 1. Composition of Board...
Login to see full content

Reconstituting the Board of Directors of the Philippine Amusements and Gaming Corporation, Created Under Presidential Decree No. 1067-A