AMENDING CERTAIN PROVISIONS OF THE INTEGRATED REORGANIZATION PLAN AS ADOPTED UNDER PRESIDENTIAL DECREE NO. 1

I, FERDINAND E. MARCOS, President of the Philippines, by
virtue of the powers in me vested by the Constitution as
Commander-in-Chief of all the Armed Forces of the Philippines, and
pursuant to Proclamation No. 1081, dated September 21, 1972, and General
Order No. 1, dated September 22, 1972, as amended, do hereby decree the
following as part of the law of the land:

SECTION 1. Paragraphs 8, 10 and 11, Article III, Chapter 1,
Part VI of the Integrated Reorganization Plan as adopted under
Presidential Decree No. 1, are hereby amended to read as follows:

“8. There shall be a Director-General with a Cabinet rank, and
two Deputy Directors-General with the rank of Undersecretaries, who
shall serve as the executive and assistant executive officers of the
NEDA, respectively. The Director-General shall hold office at the
pleasure of the President, while the Deputy Directors-General shall be
career officials.

“Whenever the Director-General is unable to perform his duties
owing to illness, absence or other cause, or in case of vacancy in the
office, the Deputy Director-General designated by the President shall
temporarily perform the functions of said office.”

“10. The Director-General and the Deputy Directors-General shall
be required to work full time in the NEDA and shall not be extended any
other appointment to public office in a concurrent capacity except as
ex officio member of government bodies as specifically provided
for by law or a part-time member thereat as may be designated by the
President.

“11. Any provision of law to the contrary notwithstanding, the
budget of NEDA shall be in the form of lump-sum appropriations with the
Director-General having sole authority to determine the details of
expenditures: Provided, That the Director-General may use any
savings from any item in the said appropriation for strengthening the
NEDA offices.”

SEC. 2. A new paragraph designated as paragraph 16 is
hereby added to Article III, Part VI of the Integrated Reorganization
Plan to read as follows:

“16. Any provision of law to the contrary notwithstanding, the
Director-General may authorize the assignment of government motor
vehicles under the custody of NEDA for use of its officers from the rank
of Director or higher: Provided, That those officers with
assigned vehicles shall not any more be entitled to transportation
allowances.”

SEC. 3. Paragraph 2, Article V, Chapter I, Part VI of the
Integrated Reorganization Plan is hereby amended to read as follows:

“2. The Committee shall be composed of the Director-General of
the Authority, as Chairman; the Chairman of the Board of Investments, as
Vice-Chairman; and the following as members: the Secretary of Finance,
the Governor of the Central Bank of the Philippines, the Chairman of the
Development Bank of the Philippines, the President of the Philippine
National Bank, the General Manager of the Government Service Insurance
System, the Administrator of the Social Security System, the President
of the Land Bank and the President of the Amanah Bank: Provided,
That the head of any other financial institution that may hereafter be
created may also be designated by the President of the Philippines as
member upon the recommendation of the Authority.”

SEC. 4. This Decree shall take effect immediately.

Done in the City of Manila, this 9th day of January, in the year of Our
Lord, nineteen hundred and seventy-four.