Return of the Bases Conversion and Development Authority to Office of President
Executive Order No. 516, issued on March 24, 2006, by President Gloria Macapagal-Arroyo, reverts the Bases Conversion and Development Authority (BCDA) back to the Office of the President. This order repeals Section 5 of Executive Order No. 504, which had previously assigned policy oversight of the BCDA to the Secretary of Trade and Industry. The move centralizes authority over the BCDA, enhancing direct presidential oversight of its functions and operations.
Law Information
- Reference Number
- Executive Order No. 516
- Date Enacted
- Category
- Presidential Issuances
- Subcategory
- Executive Orders
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
March 24, 2006
EXECUTIVE ORDER NO. 516
RETURNING THE BASES CONVERSION AND DEVELOPMENT AUTHORITY TO THE OFFICE OF THE PRESIDENT
WHEREAS, Executive Order No. 504 (s. 2006) Section 5 mandated the Secretary of Trade and Industry to exercise policy oversight over the Bases Conversion and Development Authority (BCDA);
NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law and the Constitution, do hereby order:
The BCDA is hereby reverted to the Office of the President. Section 5 of Executive Order No. 504 is hereby repealed.
City of Manila, March 24, 2006
Cite This Law
Return of the Bases Conversion and Development Authority to Office of President, Executive Order No. 516, Mar 24, 2006 (Philippines)
Return of the Bases Conversion and Development Authority to Office of President, Executive Order No. 516 (Phil. 2006)
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