Law Summary
Legal Authority for Transfer
- The President of the Philippines has the authority under Book III, Title III, Chapter 10, Section 31 (3) of the Administrative Code of 1987 to transfer any agency from the Office of the President to another department or agency.
Key Provisions of the Executive Order
- PAGCOR is officially transferred from the Office of the President to be attached to the Department of Finance.
- Any existing orders, rules, or regulations inconsistent with this transfer are repealed or modified accordingly to align with the new organizational structure.
Immediate Effectivity
- The Executive Order takes immediate effect from the date of issuance, July 16, 2004.
Official Authentication
- The order is signed by the President and the Executive Secretary, signifying lawful enactment and authority.