Title
Clarifies transformation of PEA to PRA
Law
Executive Order No. 380-a
Decision Date
Apr 3, 2005
Executive Order No. 380-A clarifies and renames the Public Estates Authority (PEA) as the Philippine Reclamation Authority (PRA), outlining its powers and functions in managing and developing reclaimed lands, including the creation of a subsidiary tollway corporation.
A

Subsidiary Status of the Public Estates Authority Tollway Corporation (PEATC)

  • PEATC is separated into its own corporation with independent management and supervision.
  • PEATC remains a recognized subsidiary of the PRA.
  • The President appoints PEATC’s Chairman and Board members, including PRA representatives.
  • PEATC must remit any dividends from its operations back to PRA.

Management of Non-Reclamation Assets

  • The PRA is directed to transfer all non-reclamation assets to the National Government or appropriate government agency or corporation.

Separability Clause

  • If any part of the Executive Order is declared unconstitutional, the remaining provisions remain effective and enforceable.

Repealing Clause

  • Any previous executive issuances, rules, or regulations inconsistent with this Executive Order are revoked, amended, or modified accordingly.

Effectivity Clause

  • The Executive Order takes effect immediately upon issuance.

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