DEACTIVATION OF THE ECONOMIC INTELLIGENCE AND INVESTIGATION BUREAU

WHEREAS, under the Administrative Code of 1987, the Economic
Intelligence and Investigation Bureau (EIIB) is one of the bureaus under
the Department of Finance;

WHEREAS, the designated functions of the EIIB are also being performed by other existing agencies of the Government;

WHEREAS, there is a need to constantly monitor the overlapping of
functions among the agencies of Government to avoid duplicity of work
and in order to streamline the functions of the bureaucracy;

WHEREAS, under Section 77 of the General Provisions of Republic Act
No. 8745 or FY 1999 General Appropriations Act, the President may direct
changes in the organization and key positions in any department, bureau
or agency;

NOW, THEREFORE, I, JOSEPH EJERCITO ESTRADA, President of the
Philippines, by virtue of the powers vested in me by law, do hereby
order:

SECTION 1. Deactivation of the Economic Intelligence and Investigation Bureau. — The Economic Intelligence and Investigation Bureau (EIIB) under the Department of Finance is hereby deactivated.

SECTION 2. Transfer of Functions. — The
functions of EIIB shall be performed by the appropriate agencies of the
Government such as the Bureau of Customs, the National Bureau of
Investigation pursuant to their respective charters.

SECTION 3. Disposition of Personnel and Transfer of Funds and Resources.
— The Secretary of Finance is hereby directed to review the need for
the personnel of the EIIB for eventual termination or integration to the
department proper or other agencies of Government, and to submit the
appropriate recommendations to the President within thirty (30) days
from the effectivity of this Order.

SECTION 4. Separability Clause . — Any
portion or provision of this Executive Order that may be declared
unconstitutional shall not have the effect of nullifying other portions
or provisions of this Order for as long as such remaining portions can
still subsist and be given effect.

SECTION 5. Repealing Clause. — All executive
orders, rules, regulations and other issuances or parts thereof which
are inconsistent with the provisions of this Executive Order are hereby
revoked or modified accordingly.

SECTION 6. Effectivity. — This Executive Order shall take effect immediately.

Adopted: 07 Jan. 2000

By the President:

(SGD.) RONALDO B. ZAMORA
            Executive Secretary