(NAR) VOL. 23 NO. 1, JANUARY - MARCH 2012; 108 OG No. 4, 364 (Jan 23, 2012); Bulletin Feb. 10, 2012
SECTION 1. CIAC as an attached agency of the DOTC. CIAC is hereby attached to the DOTC which shall exercise administrative control and supervision over CIAC.
SECTION 2. Board of Directors. The powers and functions of the CIAC shall be vested in and exercised by a Board of Directors to be composed of eleven (11) members, as follows:
Chairperson : Secretary of Transportation and Communications; Vice Chairperson : Secretary of Tourism; Members : General Manager, MIAA; (CAAP); Director General, Civil Aviation Authority of the Philippines
and
Seven (7) other members to be appointed by the President of Philippines, upon consultation with the Secretary of Transportation and Communications, representing the equity in the capital stock of the National Government in CIAC, provided each one of them is a Filipino citizen, of good moral character, and of recognized competence in a relevant field, including, but not limited to civil aviation, economics, tourism, law or engineering; Provided, however, that the nomination and appointment of the seven (7) appointive directors shall comply with the provisions of RA 10149, otherwise known as the “GOCC Governance Act of 2011.”
SECTION 3. Transfer of Shares of Stock and Control Over Assets and Facilities. The BCDA, or the entity or persons in whose names the shares of stock of CIAC are registered at present, are hereby ordered to transfer and convey immediately to the National Government all the shares of stock of CIAC in order for the National Government to own and hold all such shares of stock as the registered stockholder of record and deliver all the shares in the name of the National Government to the Secretary of Transportation and Communications on behalf of the Republic of the Philippines; Provided, however, that any delay in the execution of such documents of transfer and conveyance of the shares of stock of the National Government shall not, in any event, delay, hinder or deter the immediate exercise of all powers of control and supervision over CIAC by the Secretary of Transportation and Communications, including without limitation, the power to recommend the appointment or removal and replacement of the members of the Board of Directors and officers of CIAC, subject to the provisions of RA 10149.
SECTION 4. Role of Departments, Bureaus, Offices, Agencies, Instrumentalities of the Government. The Secretary of Transportation and Communications may call upon the Department of Finance (DOF), Department of Budget and Management (DBM), National Economic and Development Authority (NEDA), BCDA, CDC, and any other agency of the Government for such assistance as may be necessary or appropriate in the performance of his functions.
All heads of departments, agencies, bureaus, offices, including government-owned or –controlled corporations, are hereby enjoined to render full assistance and cooperation to the Secretary of Transportation and Communications and provide such information and data as may be required to carry out his functions pursuant to this Order.
SECTION 5. Repeal. All issuances, orders, rules and regulations, or parts thereof, which are inconsistent with this Executive Order are hereby repealed amended or modified accordingly.
SECTION 6. Separability. If any provision of this Executive Order is declared invalid or unconstitutional, the other provisions unaffected shall remain valid and subsisting.
SECTION 7. Effectivity. This Executive Order shall take effect immediately upon publication in a newspaper of general circulation.