Law Summary

Introduction

Executive Order No. 409, issued on March 7, 2005, by President Gloria Macapagal-Arroyo, reorganizes the governing board of the Natural Resources Development Corporation (NRDC), enhancing its capacity to manage and utilize natural resources effectively through the integration of new technologies and systems.

Reorganization of the Governing Board

• Provision: The composition of the NRDC Board of Directors is increased from seven (7) to eight (8) members.
• Chairman Appointment: The additional member, who will serve as the Chairman of the Board, will be appointed by the President of the Philippines.
• Ex-officio Member: The Secretary of the Department of Environment and Natural Resources remains an ex-officio member of the Governing Board.

Repealing Clause

• Inconsistencies: All executive issuances, rules, and regulations that are inconsistent with this Executive Order are revoked, amended, or modified accordingly.

Effectivity

• Immediate Effect: The Executive Order takes effect immediately upon its adoption on March 7, 2005.

Key Takeaways

• Executive Order No. 409 reorganizes the NRDC's governing board to improve management and resource utilization.
• The board's composition is increased to eight members, with a new Chairman appointed by the President.
• The Secretary of the Department of Environment and Natural Resources retains an ex-officio position on the board.
• All conflicting legal issuances are revoked, ensuring consistency with this order.
• The Executive Order is effective immediately upon signing.