Law Summary
Transitory Provision Regarding Current Directors
- Incumbent directors of PAGCOR are to remain in office until their successors are appointed and qualified.
Effectivity of the Executive Order
- The Executive Order takes effect immediately upon issuance on July 18, 1980.
Legal Authority and Rationale
- The change is effected under the President's constitutional and delegated powers.
- It aims to make the Board's composition more flexible to accommodate appointments based on capability and areas of concern rather than automatic ex officio membership.
- This reconstitution was authorized by Presidential Decree No. 1416 empowering organizational improvements for efficient government functions.