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Volume 13 Number 1 - University of the Philippines College of Law

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January - March 2002 National Administrative Register 485<br />

SECTION 6. Funding - To ensure <strong>the</strong> attainment <strong>of</strong> targets <strong>of</strong> <strong>the</strong> Program as specified<br />

in A.O No. 25, <strong>the</strong> DA shall allocate and realign <strong>the</strong> amount <strong>of</strong> Four Hundred Fifty Million<br />

Pesos (P450 Million) from its Agricultural and Fisheries Modernization Program budget as<br />

funding support for <strong>the</strong> Program.<br />

For <strong>the</strong> CY 2002 requirements <strong>of</strong> <strong>the</strong> Program, <strong>the</strong> Department <strong>of</strong> Budget and<br />

Management (DBM) shall ensure <strong>the</strong> timely release <strong>of</strong> funds to <strong>the</strong> DA, which shall immediately<br />

sub-allot and transfer <strong>the</strong> said funds to <strong>the</strong> PHILRICE.<br />

For CY 2003 and CY 2004, appropriations for <strong>the</strong> Program shall be included in <strong>the</strong><br />

budget proposal <strong>of</strong> <strong>the</strong> PHILRICE to achieve <strong>the</strong> targets <strong>of</strong> 200,000 hectares and 300,000<br />

hectares respectively.<br />

SECTION 7. Repeal - All orders, rules, regulations and issuances, or parts <strong>the</strong>re<strong>of</strong>,<br />

which are inconsistent with this Executive Order, are hereby repealed or modified accordingly.<br />

SECTION 8. Effectivity - This Executive Order shall take effect immediately upon<br />

approval.<br />

Adopted: 04 March 2002<br />

Date Filed: 26 March 2002<br />

By <strong>the</strong> President:<br />

(SGD.) ALBERTO G. ROMULO<br />

Executive Secretary<br />

--o0o--<br />

Executive Order No. 81<br />

Transferring <strong>the</strong> National Food Authority and <strong>the</strong> Philippine<br />

Coconut Authority from <strong>the</strong> Office <strong>of</strong> <strong>the</strong> President to <strong>the</strong><br />

Department <strong>of</strong> Agriculture<br />

WHEREAS, <strong>the</strong> National Food Authority was created under Presidential Decree No.<br />

1770 dated January 14, 1981 as a government corporation for <strong>the</strong> promotion <strong>of</strong> <strong>the</strong> integrated<br />

growth and development <strong>of</strong> <strong>the</strong> food industry;<br />

WHEREAS, <strong>the</strong> Philippine Coconut Authority was created under Presidential Decree<br />

No. 232 dated June 30, 1973, as amended, as an independent public corporation for <strong>the</strong><br />

promotion <strong>of</strong> <strong>the</strong> accelerated development <strong>of</strong> <strong>the</strong> coconut and o<strong>the</strong>r palm oils industry;<br />

WHEREAS, both <strong>the</strong> National Food Authority and <strong>the</strong> Philippine Coconut Authority<br />

were transferred from <strong>the</strong> Department <strong>of</strong> Agriculture and attached to <strong>the</strong> Office <strong>of</strong> <strong>the</strong> President<br />

by virtue <strong>of</strong> Executive Order No. 41 dated October 15, 2001;<br />

WHEREAS, <strong>the</strong> Executive Secretary and <strong>the</strong> Secretary <strong>of</strong> <strong>the</strong> Department <strong>of</strong> Agriculture<br />

have jointly recommended that <strong>the</strong> National Food Authority and <strong>the</strong> Philippine Coconut

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