QuestionsQuestions (EXECUTIVE ORDER NO. 146)
The text is Executive Order No. 146 (March 3, 1987). Its main purpose is to reorganize the membership of the Governing Board of the Philippine Coconut Authority (PCA) to meet current exigencies and improve reform efforts in the coconut industry.
Section 1 amends Section 4 of Article II of Presidential Decree No. 1468, as amended by Executive Order No. 1055.
It changes the provision on the Governing Board by setting the board as composed of seven (7) members.
The Governing Board consists of seven (7) members.
The President appoints the seven (7) members of the Governing Board.
It states that the corporate powers and duties of the Authority shall be vested in and exercised by the Governing Board.
The EO specifically states it exercises the corporate powers and duties of the Authority. No other functions are enumerated in the quoted provision.
It repeals or modifies any laws, decrees, orders, proclamations, rules, regulations, and issuances (or parts thereof) that are inconsistent with the EO.
It means inconsistency leads either to repeal or modification of the conflicting provisions, depending on how they conflict with the EO.
It takes effect immediately.
It reflects the need to reorganize the Governing Board to meet the exigencies of the times and to provide more effective means of reforming the coconut industry.
It implies that the Governing Board is the principal governing body through which the PCA’s corporate powers and duties are exercised.
Changing the number of board members can affect quorum, voting thresholds, governance structure, and how corporate powers are exercised—especially where specific board actions require a majority or specified attendance/vote.
The conflicting rule would be repealed or modified accordingly to align with Executive Order No. 146.
It was signed by Corazon C. Aquino as President, with Joker P. Arroyo as Executive Secretary.
It is dated March 3, 1987 and done in the City of Manila.