Question & AnswerQ&A (EXECUTIVE ORDER NO. 93)
The National Enterprises Control Board, created by Executive Order No. 360 of August 5, 1941, was abolished and replaced by the Government Enterprises Council.
The Government Enterprises Council is composed of the President of the Philippines as Chairman, the Secretary of Commerce and Industry as Vice-Chairman, the chairmen of the Boards of all government-owned or controlled corporations as ex officio members, and additional members appointed by the President with the consent of the Commission on Appointments.
The Council advises the President in supervising government-owned or controlled corporations, formulates policies to coordinate the functions of these corporations and related government instrumentalities for national economic development.
The Control Committee supervises government corporations to ensure efficiency and economy, approves their programs and budgets, and implements policies approved by the Government Enterprises Council.
The managing heads are appointed by the corporation's Board of Directors or governing body, with the approval of the President of the Philippines.
Members of the Board cannot simultaneously serve in any other capacity in the corporation unless authorized by the President, except for employee or labor representatives.
It was converted into an independent corporation, no longer a subsidiary of the National Development Company, with the latter's rights and interests in it transferred to the corporation.
The Manila Railroad Company took over the Metropolitan Transportation Service including its functions, personnel, equipment, records, assets, and liabilities from January 1, 1948.
They were merged and converted into a single corporation called the People's Homesite and Housing Corporation, consolidating their duties, assets, and liabilities.
GSIS was placed under the administrative supervision of the Government Enterprises Council, transferring authority and control from the Secretary of Finance to the Control Committee of the Council.
These three corporations were dissolved and their accounts were to be liquidated by the Auditor General.
Yes, personnel deemed excess after the transfer are placed in a temporary plantilla to be prioritized for vacancies within the Manila Railroad Company and its bus lines, with vacant temporary plantilla positions automatically abolished.
The Control Committee must pass upon and approve the programs of activities and yearly budgets of the corporations owned or controlled by the government.
It repeals or modifies any laws, executive or administrative orders, or proclamations inconsistent with its provisions to ensure the order's primacy and proper implementation.