Creation of Radio Broadcasting Board

Executive Order No. 73 is issued by the President, invoking powers vested by the Constitution and Section 2 of Republic Act No. 33.
Republic Act No. 33 authorizes the President to create or designate an agency or instrumentality to accept and administer surplus properties acquired from the United States of America.
The Board administers and operates radio broadcasting equipment and facilities transferred to the Philippine Government for free use.

Executive Order No. 73 establishes a government radio medium for dissemination of information and news to the remotest corners of the Philippines.
The issuance also establishes radio broadcasting capacity as a means for training Filipino radio technicians.
The Board is tasked to bring the Government nearer to the people through dissemination of government information.

Executive Order No. 73 creates an office known as the Radio Broadcasting Board.
The Board is composed of the Press Secretary of the Office of the President as Chairman and four other members appointed by the President of the Philippines.
The Chairman and Board members shall not receive any additional compensation.
The Chairman and members may be allowed to collect a per diem of twenty-five pesos for each day of actual attendance at Board meetings called by the Chairman.
For administrative purposes, the Board is placed under the control and supervision of the Chief of the Executive Office.

The Board must administer and operate all broadcasting equipment and facilities used by Radio Station KZFM, and any other radio equipment declared surplus and transferred to the Philippine Government.
The Board must administer and operate any additional radio equipment the Board later acquires.
The Board must provide the Government of the Republic of the Philippines a ready broadcasting station.
The Board must provide an effective medium for bringing government nearer to the people and for dissemination of government information.
The Board must provide a vehicle for advertising needed articles for educational and cultural purposes, including books, magazines, and school supplies, medical supplies and equipment, movie programs of educational and cultural significance, agricultural implements, seeds, and supplies.

The Board must promulgate all needful rules and regulations for the administration and operation of Radio Station KZFM.
The Board’s rules and regulations require the approval of the Chief of the Executive Office.
The rules and regulations must be consistent with law.

With the approval of the President of the Philippines, the Board must appoint a manager and fix the manager’s compensation.
The manager must, with the approval of the Board, appoint technical, clerical, and other employees necessary for operations.
Appointments for positions with compensation of two thousand four hundred pesos per annum or more require the approval of the President of the Philippines.

Executive Order No. 73 appropriates from the funds in the National Treasury, not otherwise appropriated, the sum of two hundred thousand pesos as a revolving fund for the operation and maintenance of the Board’s office.
The Board must submit its annual report and balance sheet to the President of the Philippines.