Transferring the sacobia development authority and the jurisdiction over sacobia to the clark development corporation

EXECUTIVE ORDER NO. 344 June 14, 1996

TRANSFERRING THE SACOBIA DEVELOPMENT AUTHORITY AND THE JURISDICTION OVER SACOBIA TO THE CLARK DEVELOPMENT CORPORATION

WHEREAS, Republic Act No. 7227, otherwise known as the Bases Conversion and Development Act of 1992, created the Bases Conversion and Development Authority (B ) to accelerate the sound and balanced conversion of the Clark and Subic Military reservations and their extensions into alternative productive uses and promote the economic and social development of Central Luzon in particular and the country in general;

WHEREAS, Section 15 of Republic Act No. 7227, authorized the President of the Republic of the Philippines to create a Special Economic Zone covering the lands occupied by the Clark Military reservations and its contiguous extensions as embraced, covered and defined in the 1947 Military Bases Agreement between the Philippines and the United States of America, as amended;

WHEREAS, pursuant to Section 15 of Republic Act No. 7227, the President issued Presidential Proclamation No. 163, s. of 1993, which created the Clark Special Economic Zone (CSEZ) and defined...

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Summary of Executive Order No. 344

Transfer of Sacobia Development Authority (SDA) to Clark Development Corporation (CDC)
- Section 1: Powers and functions of SDA transferred to CDC; SDA ceases to exist as separate agency and absorbed by CDC.
- Section 2: CDC tasked to plan, manage, execute policies and projects for Sacobia as food basin and eco-tourism area within Clark Special Economic Zone (CSEZ); businesses in Sacobia to enjoy CSEZ incentives.
- Section 3: Existing programs, projects, contracts, agreements and commitments of SDA to continue in force.
- Section 4: SDA to transfer all assets (lands, buildings, infrastructure, equipment, facilities, furniture, records) to Bases Conversion and Development Authority (BCDA) for use and administration by CDC.
- Section 5: CDC to absorb permanent SDA employees; employees who opt out to receive separation benefits within 60 days.
- Section 6: 1996 funds allocated for SDA to be transferred to BCDA for use by CDC in implementing SDA programs and projects.
- Section 7: Subject to legal rights and ancestral domain claims, CDC may resettle Sacobia communities at BCDA's expense for development projects.
- Section 8: Quarterly report on implementation to be submitted by BCDA and CDC to the President.
- Section 9: Repealing inconsistent issuances.
- Section 10: Separability clause.
- Section 11: Effectivity 15 days after publication in newspaper.