EXECUTIVE ORDER NO. 892 April 13, 1983

STRUCTURING THE ANNUAL BUDGET AND OPERATIONS OF THE PHILIPPINE CENTERS IN THE UNITED STATES OF AMERICA UNDER THE PHILIPPINE-UNITED STATES BUSINESS DEVELOPMENT COUNCIL

WHEREAS, the Philippine Center Management Board (PCMB) was created under Presidential Decree No. 188 and 847 to serve among others, the purpose of nurturing and promoting Philippine cultural heritage; expanding the market for Philippine products in the United States; and in general, enhancing the image of the Philippines;

WHEREAS, Executive Order No. 831 dated 30 September 1982 created the Philippine-United States Business Development Council;

WHEREAS, Executive Order No. 848 dated 19 November 1982 reorganized the PCMB's in the United States of America by conferring in the person of the Chairman of the Philippine-United States Business Development Council, the powers, functions and duties of the Chairman of the PCMB's heretofore exercised by the respective Philippine Consuls General in New York and San Francisco and Honolulu;

WHEREAS, the Philippine Centers in new York City and San Francisco are Philippine government owned buildings;

WHEREAS, the maintenance and operational expenses of the Philippine Centers are being funded by rental payments of Ministries/Agencies that have offices in the Centers.

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and ordain;

Sec. 1. The Philippine Center Management Board hereinafter referred to as PCMB-US shall assume full responsibility for all assets, liabilities, personnel and operations of the Philippine Centers in New York City, San Francisco, Honolulu and in other cities to be subsequently opened.

Sec. 2. The appropriation earmarked for rental of Ministries/Agencies that have offices in the Philippine Centers, including that of the Ministry of Trade and Industry specifically alloted for the Philippine Center under P/P/A No. 2.5.6 (BP Blg. 230) shall be transferred to the Philippine-United States Business Development Council which will remit the same to the PCMB-US for credit to each corporate income account.

Henceforth, beginning CY 1984 all amounts necessary for the maintenance of the building and other operational requirements, to supplement the income of the centers, shall be included in the budget of the Philippines-United States Business Development Council. The corresponding amounts earmarked for the centers shall be deducted from the appropriations of subject Ministries/Agencies.

Sec. 3. All cash receipts of the Philippine Centers shall be considered corporate revenue under its respective corporate charters and all disbursements therefrom shall be governed by the rules and regulations to be prescribed by the Chairman of the PCMB-US.

Sec. 4. The PCMB's in New York City, San Francisco, Honolulu and such others Centers to be subsequently opened shall submit their annual report of its achievements.

Sec. 5. All order, rules and regulations, agreements and portions thereof which are inconsistent with this Order are hereby repealed or modified accordingly.

Sec. 6. This Order shall take effect immediately. lawphi1.net

Done in the City of Manila, this 13th day of April, in the Year of Our Lord, nineteen hundred and eighty three.


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