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Executive Orders

Reorganizing the Membership in the Governing Board of the Philippine Coconut Authority and for Other Purposes

Executive Order No. 1055

EXECUTIVE ORDER NO. 1055 June 3, 1985

Subject Matter : Reorganizing the membership in the governing board of the Philippine Coconut Authority and for other purposes.

Date of Effectivity : June 3, 1985


Summary of Executive Order No. 1055

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

- The governing board of the Philippine Coconut Authority shall be reorganized and reconstituted. (Section 1)
- The governing board shall be composed of the following members: (Section 2)
    - The Minister of Agriculture and Food as ex-officio Chairman.
    - The Governor of the Central Bank of the Philippines as ex-officio Vice-Chairman.
    - Seven (7) members representing the coconut farmers/producers to be appointed by the President of the Philippines.
    - One (1) member representing the coconut millers to be appointed by the President of the Philippines.
    - One (1) member representing the coconut traders/exporters to be appointed by the President of the Philippines.
    - One (1) member representing the manufacturing sector utilizing coconut products as raw materials to be appointed by the President of the Philippines.
- The Administrator of the Philippine Coconut Authority shall be an ex-officio member of the governing board. (Section 2)
- The terms of office of the appointed members of the governing board shall be for a period of six (6) years. (Section 3)
- All powers, rights, assets, funds, employees, records, and all other resources of the Philippine Coconut Authority shall continue to be vested in the reorganized governing board. (Section 4)

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