Designation of Bangko Sentral ng Pilipinas as Exclusive Manufacturer of Presidential Medals and Decorations
Administrative Order No. 79, issued on August 4, 2003, designates the Bangko Sentral ng Pilipinas (BSP) as the exclusive manufacturer of presidential medals and decorations in the Philippines. The order recognizes the BSP's capabilities and commitment to producing these official symbols with superior craftsmanship. It encourages other government agencies to utilize BSP's services for their medal and decoration needs to promote cost savings and enhance revenue generation. The order also supersedes any conflicting rules and regulations, taking effect immediately.
Quick Answers
- What is Designation of Bangko Sentral ng Pilipinas as Exclusive Manufacturer of Presidential Medals and Decorations about?
- Administrative Order No. 79, issued on August 4, 2003, designates the Bangko Sentral ng Pilipinas (BSP) as the exclusive manufacturer of presidential medals and decorations in the Philippines. The order recognizes the BSP's capabilities and commitment to producing these official symbols with superior craftsmanship. It encourages other government agencies to utilize BSP's services for their medal and decoration needs to promote cost savings and enhance revenue generation. The order also supersedes any conflicting rules and regulations, taking effect immediately.
- What type of law is Administrative Order No. 79?
- Designation of Bangko Sentral ng Pilipinas as Exclusive Manufacturer of Presidential Medals and Decorations (Administrative Order No. 79) is a Philippine Presidential Issuances enacted by the Congress of the Philippines.
- When was Designation of Bangko Sentral ng Pilipinas as Exclusive Manufacturer of Presidential Medals and Decorations enacted?
- Designation of Bangko Sentral ng Pilipinas as Exclusive Manufacturer of Presidential Medals and Decorations (Administrative Order No. 79) was enacted on Apr 4, 2003.
- What is the citation for Designation of Bangko Sentral ng Pilipinas as Exclusive Manufacturer of Presidential Medals and Decorations?
- Designation of Bangko Sentral ng Pilipinas as Exclusive Manufacturer of Presidential Medals and Decorations, Administrative Order No. 79, Apr 4, 2003 (Philippines)
Law Information
- Reference Number
- Administrative Order No. 79
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Administrative Orders
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
August 4, 2003
ADMINISTRATIVE ORDER NO. 79
DESIGNATING THE BANGKO SENTRAL NG PILIPINAS AS THE EXCLUSIVE MANUFACTURER OF PRESIDENTIAL MEDALS AND DECORATIONS
WHEREAS, the Bangko Sentral ng Pilipinas (BSP), as the central monetary authority, has the exclusive authority to issue Philippine coins and to prescribe the design, fineness and other characteristics thereof;
WHEREAS, the BSP Mint has the equipment and skilled technicians trained abroad in the exacting art of manufacturing state and military medals and decorations;
WHEREAS, presidential medals and decorations, being official symbols of the presidency, should be the product of superior workmanship and artistic excellence;
WHEREAS, the BSP has the capacity and has expressed willingness to undertake the manufacture, as is the practice in other countries, of presidential and other state medals and decorations;
NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Philippines, by the power vested in me by law, do hereby order:
SECTION 1. The Bangko Sentral ng Pilipinas is hereby designated as exclusive manufacturer and supplier of presidential medals and decorations, subject to existing agreements, if any, entered into by the Office of the President with medal and decoration manufacturers. For this purpose, the Historical Affairs Office and the Protocol Office shall continue consultations with the BSP with respect to the manufacture of these items, to include the drafting of technical and gender-friendly drawings for these decorations to replace the original, but missing, specifications;
SECTION 2. Other agencies, particularly the Department of Foreign Affairs, the Department of National Defense and the Armed Forces of the Philippines, are encouraged, as a cost-saving measure and to maximize the revenue-generating potential of a government instrumentality, to tap the services of the BSP for their medal and decoration requirements, subject to existing laws on procurement.
SECTION 3. All issuances, rules and regulations inconsistent herewith are superseded or modified accordingly.
SECTION 4. This Order shall take effect immediately.
DONE in the City of Manila, this 4th day of August, in the year of Our Lord, Two Thousand and Three.
Cite This Law
Designation of Bangko Sentral ng Pilipinas as Exclusive Manufacturer of Presidential Medals and Decorations, Administrative Order No. 79, Apr 4, 2003 (Philippines)
Designation of Bangko Sentral ng Pilipinas as Exclusive Manufacturer of Presidential Medals and Decorations, Administrative Order No. 79 (Phil. 2003)
Related Laws
- Charter of the Pambansang Katipunan ng Kabataang Barangay ng PilipinasPresidential Decree No. 1191 • Sep 1, 1977 • Presidential Issuances
- Bangko Sentral ng Pilipinas Circular No. 910 Dated 22 April 2016OCA Circular No. 250-A-2016 • Dec 5, 2016 • Supreme Court Issuances
- Bangko Sentral ng Pilipinas Circular No. 910 Dated 22 April 2016OCA Circular No. 250-2016 • Nov 24, 2016 • Supreme Court Issuances
- Operational Guidelines on Bangko Sentral ng Pilipinas' (BSP's) Supervision on PawnshopsBSP Memorandum No. M-2017-003 • Jan 27, 2017 • Other Rules and Procedures
- Rules and Regulations Implementing Executive Order No. 236, s. 2003IRR of EO 236 • Dec 23, 2003 • Implementing Rules and Regulations
- An Act Authorizing Major-General Basilio J. Valdes, and Captain Ciriaco Carillo, to Accept Such Medals, Orders, or Decorations as have been Tendered them by Foreign Governments in Appreciation of Services RenderedCommonwealth Act No. 262 • Apr 21, 1938 • Statutes
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