Designation of GOCC Head as Ex Officio Vice-Chairman of the Board
Republic Act No. 2254, enacted on June 18, 1959, designates the general manager, president, governor, or administrator of a government-owned or controlled corporation as the ex officio vice-chairman of its board. This provision applies unless specified otherwise in the corporation's charter or if the President of the Philippines appoints them as chairman. The vice-chairman has the right to participate and vote in board meetings. Additionally, any conflicting provisions from Executive Order No. 399 or the charters of such corporations are repealed by this Act. The law took effect upon its approval.
Law Information
- Reference Number
- Republic Act No. 2254
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 18, 1959
REPUBLIC ACT NO. 2254
AN ACT PROVIDING THAT THE GENERAL MANAGER, PRESIDENT, GOVERNOR, OR ADMINISTRATOR OF A GOVERNMENT-OWNED OR CONTROLLED CORPORATION SHALL BE EX OFFICIO THE VICE-CHAIRMAN OF THE BOARD OF DIRECTORS, BOARD OF GOVERNORS, OR BOARD OF ADMINISTRATORS THEREOF
SECTION 1. The general manager, president, governor, or administrator of a government-owned or controlled corporation shall be ex officio the vice-chairman of the board of directors, board of governors, or board of administrators thereof unless its charter specifically provides that such general manager, president, governor, or administrator shall be the chairman of such board of directors, board of governors, or board of administrators, or unless the President of the Philippines shall have appointed such general manager, president, governor or administrator as chairman. As such vice-chairman of the board, such general manager, president, governor, or administrator shall sit, participate and vote in the meetings of the board.
SECTION 2. Any provision of Executive Order Numbered Three hundred ninety-nine, series of nineteen hundred fifty-one, and of any charter of any government-owned or controlled corporation inconsistent with the provisions of this Act is repealed.
SECTION 3. This Act shall take effect upon its approval.
Approved: June 18, 1959 aisa dc
Published in the Official Gazette, Vol. 55, No. 30, p. 5701 on July 27, 1959
Cite This Law
Designation of GOCC Head as Ex Officio Vice-Chairman of the Board, Republic Act No. 2254, Jun 18, 1959 (Philippines)
Designation of GOCC Head as Ex Officio Vice-Chairman of the Board, Republic Act No. 2254 (Phil. 1959)
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