Reorganizing the Membership in the Governing Board of the Philippine Coconut Authority

EXECUTIVE ORDER NO. 146 March 3, 1987

REORGANIZING THE MEMBERSHIP IN THE GOVERNING BOARD OF THE PHILIPPINE COCONUT AUTHORITY

WHEREAS, there is a need to reorganize the membership in the Governing Board of the Philippine Coconut Authority to enable it to meet the exigencies of the times and to provide more effective means of reforming the coconut industry;

NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, by virtue of the powers vested in me by law, do hereby order:

Sec. 1. Section 4 of Article II of Presidential Decree No. 1468, as amended by Executive Order No. 1055, is hereby further amended to read as follows:

"Sec. 4. Governing Board. The corporate powers and duties of the Authority shall be vested on and exercised by a Governing Board of seven (7) members to be appointed by the President."

Sec. 2. All laws, decrees, orders, proclamations, rules, regulations, and issuances, or parts thereof which are inconsistent with any provisions of this Executive Order are hereby repealed or modified accordingly.

Sec....

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Reorganizing the Membership in the Governing Board of the Philippine Coconut Authority

• Section 1: Amends Section 4 of Article II of Presidential Decree No. 1468, as amended by Executive Order No. 1055, to state that the corporate powers and duties of the Philippine Coconut Authority shall be vested in and exercised by a Governing Board of seven (7) members appointed by the President. (Sec. 1)

• Section 2: Repeals or modifies all laws, decrees, orders, proclamations, rules, regulations, and issuances, or parts thereof, which are inconsistent with any provisions of this Executive Order. (Sec. 2)

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