EXECUTIVE ORDER NO. 516, March 24, 2006
RETURNING THE BASES CONVERSION DEVELOPMENT AUTHORITY TO THE OFFICE OF THE PRESIDENT
Executive Orders March 24, 2006
WHEREAS, Executive Order No. 504 (s. 2006) Section 5 mandated the Secretary of Trade and Industry to exercise policy oversight over the Bases Conversion and Development Authority (BCDA),
NOW, THEREFORE, I GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law and the Constitution, do hereby order: The BCDA is hereby reverted to the Office of the President. Section 5 of Executive Order No. 504 is hereby repealed. City of Manila, 24 March 2006
Executive Secretary