EXECUTIVE ORDER NO. 417

: The main purpose of Executive Order No. 417 is to reconstitute the Central Visayas Regional Projects (CVRP) Board to include members from the private sector and non-government organizations.
: The President of the Philippines has the authority to appoint the four members from the private sector and non-government organizations upon nomination by the Regional Development Council for Region VII.
: The criteria include: the representatives must be nominated by organizations duly registered with the Securities and Exchange Commission; the organization should preferably be regional in scope; and sectoral representation should be as wide as possible.
: The Regional Development Council for Region VII is responsible for nominating the private sector and non-government organization members.
: Executive Order No. 308, Series of 1987, as amended, and Executive Order No. 363, Series of 1989 are referenced.
: Their participation is intended to promote the efficient and effective implementation of the Central Visayas Regional Projects.
: It took effect immediately upon its signing on August 9, 1990.
: Corazon C. Aquino was the President who signed the Executive Order.
: The CVRP Board is responsible for overseeing and implementing regional projects in Central Visayas, with a reconstituted membership to ensure wider representation and efficiency.
: No specific penalties or sanctions for non-compliance are mentioned in Executive Order No. 417.