Law Summary
Retention of Control by the Presidential Commission on Good Government (PCGG)
- Channels 9 and 13 shall remain under the direct control and supervision of the PCGG.
- This ensures that these stations are not subject to the disposition programs under Executive Order No. 293.
Context and Authority
- Executive Order No. 286 created the Sequestered Assets Disposition Authority (SADA) to manage the disposition of assets transferred by the PCGG.
- Executive Order No. 149 transferred SADA to the PCGG, consolidating oversight of sequestered assets.
Effectivity
- The amendment takes effect immediately upon signing.
Purpose
- The amendment aims to clarify the government’s intention regarding Channels 9 and 13, removing any ambiguity about their management and disposition.
Legal and Procedural Implications
- By excluding the channels from the scope of the earlier order, the government underscores the special status of these assets.
- It preserves PCGG’s authority over these channels without interference from disposition processes initiated by SADA under Executive Order No. 293.