EO 380: Transforming PEA to Philippine Reclamation Authority

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EXECUTIVE ORDER NO. 380: EO 380: Transforming PEA to Philippine Reclamation Authority

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Title Supreme Court: EO 380: Transforming PEA to Philippine Reclamation Authority

Law: Executive Order No. 380

Decision Date: Oct 26, 2004

Gloria Macapagal-Arroyo's Executive Order No. 380 transforms the Public Estates Authority into the Philippine Reclamation Authority, reallocating its non-reclamation assets and liabilities to the Department of Finance while establishing a streamlined management structure for government reclamation projects.

administrative law

government assets

A

Management and Financial Structure of PEA-Tollway Corporation (PEA-TC)

Board chairman, members, and president of PEA-TC are appointed by the President of the Philippines.
PEA-TC is under the supervision and control of the National Development Company (NDC).
PEA-TC must declare dividends monthly and remit necessary amounts to PRA to support its functions.
Remaining earnings after remittance to PRA are transferred to the National Government.

Transfer of Assets and Liabilities

All PEA assets and liabilities excluding those related to reclamation are transferred without cost to the Department of Finance (DOF).
DOF will subsequently transfer these assets and liabilities to proper national government agencies.
PRA retains all assets and liabilities connected to reclamation functions.

Legal Provisions on Separability and Repeal

Any provision of this order declared unconstitutional will not invalidate the remainder of the Executive Order, provided other sections remain operative.
Existing executive issuances, rules, and regulations conflicting with this order are revoked, amended, or modified accordingly.

Administrative and Supervisory Framework

The PEA operates under the supervision and control of the DOF before transformation.
The National Development Company serves as the agency managing non-reclamation enterprises after separation from PRA.

Effectivity Clause

This Executive Order is effective immediately upon issuance.

Relevant Institutional Roles

PEA was originally tasked with the management and administration of government-owned lands and real estate, including reclamation.
Reclamation activities are identified as a key government revenue source and require unified management.
NDC is established to foster economic development through investment in various enterprises where government support is necessary.
DOF is the principal agency responsible for government financial resource management.

This comprehensive framework reshapes the institutional management of reclamation and related assets, emphasizing efficiency, specialization, and centralized control in compliance with national development plans and legal mandates.

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