Purpose and Objectives of the Council
- To stimulate research in mathematical, physical, and biological sciences and their practical applications in engineering, agriculture, medicine, and other useful arts.
- To increase knowledge and commence studies related to national defense and public welfare.
- To survey scientific possibilities, formulate comprehensive research projects, and utilize the country's scientific and technical resources effectively.
- To promote cooperation in research domestically and internationally to concentrate efforts, minimize duplication, and stimulate progress while encouraging individual initiative.
- To gather and make available scientific and technical information in cooperation with government and other agencies.
Membership and Organizational Powers
- Additional members shall be elected according to the Council’s constitution and by-laws.
- The Council has the power to organize itself, create constitution, by-laws, rules, and regulations.
- It can fill vacancies from death, resignation, or other causes and divide members into classes.
Meetings and Government Cooperation
- The Council shall hold an annual meeting at a designated time and place within the Philippines.
- It shall investigate, examine, experiment, and report on scientific or artistic subjects upon government request.
- Expenses for such government investigations are to be paid from appropriations but members shall receive no extra compensation for services rendered.
Authority to Receive Donations and Bequests
- The Council may receive donations and bequests in trust and apply them to scientific investigations per donor intent.
Tax Exemption
- The Council is exempt from payment of all internal revenue taxes, fees, assessments, and other government charges in carrying out its functions.
Prohibition Against Fraudulent Representation
- It is unlawful for any person to falsely represent themselves as a member or agent of the Council to solicit or collect money or materials.
- Violators shall be guilty of estafa and subject to corresponding penalties.
Financial Support from Government
- The Secretary of Agriculture and Commerce is authorized to allocate funds and extend aid to the Council.
- Funding may come from available balances of the Department of Agriculture and Commerce appropriations or from a specific appropriation act.
- The total amount allotted shall not exceed twenty thousand pesos.
Reporting Requirements
- The Council must submit annual reports to the Philippine Legislature and Governor-General.
- Reports shall provide an accurate account of work and activities within the fiscal year.
Effectivity
- The Act takes effect upon its approval.