Question & AnswerQ&A (PRESIDENTIAL DECREE NO. 1097)
The main purpose is to create and establish the Technology Resource Center to hasten and enhance social and economic progress in the Philippines through self-reliance by rationalizing and systematizing research and development efforts.
Its key functions include harnessing indigenous resources and technologies, coordinating resources for technology problems, supporting innovative solutions, monitoring technological advances, linking research institutions to users, and establishing a network of coordinating committees in priority areas.
The Center can adopt a corporate seal, acquire and convey property, collect and maintain funds, enter contracts, and exercise powers similar to private or government-owned corporations to promote its objectives.
The principal office is established in Metro Manila, Philippines, with the possibility of having branches or offices elsewhere as necessary.
The Board consists of eleven members including heads of key government bodies such as the Chairman of the National Science and Development Board, the Governor of Metro Manila Commission, several Secretaries of government departments, and the Director-General of the Center.
No, the Trustees do not receive compensation but may be reimbursed for actual expenses incurred in discharging their functions.
The Executive Committee administers the Center's affairs under the delegation of the Board of Trustees and has powers of the Board except for filling Board vacancies and amending rules and regulations.
The President of the Philippines appoints the Director-General upon the Board's recommendation. The Director-General supervises operations, recommends policies, directs the Center's programs, submits annual reports, and performs other powers delegated by the Board or Executive Committee.
Founding institutions were authorized to contribute P5 million each as an additional budget appropriation for 1977, with a lump sum of P5 million appropriated from the National Treasury for the Center's operation. Further funds shall be included in the Annual General Appropriations Decree.
Yes, donations or contributions to the Center are tax-exempt and deductible for donors. The Center itself and its assets, income, and operations are exempt from all taxes, fees, and charges except for import taxes, duties, and fees.
Upon dissolution, remaining assets after liabilities are paid shall be turned over to foundations or institutions with similar purposes or to the Republic of the Philippines or its agencies, as determined by the Board of Trustees.
No, expenditures and disbursements of the Center are not subject to procurement requirements imposed upon government agencies or government-owned or controlled corporations.
Yes, the Center may have branches or offices in locations inside or outside the Philippines as needed.
They serve for a term of two years unless a shorter term is specified at election and are eligible for reelection.
Regular professional and technical personnel are exempt from the Office of Compensation and Position Classification rules and regulations.