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Executive Order No. 466 (2005)

Executive Order No. 466 (2005)

administration of the Economic Support Fund (ESF), one of the financial resources of the national government used to finance priority development projects and programs, was transferred to the Department of Finance (DOF) from the Office of the Presidential Adviser for Regional Development (OPARD) by virtue of Executive Order 250 s. 2003;

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SECTION 1

SECTION 1. Administration of the ESF as well as its appropriations, funds, records, equipment, facilities, other properties, and assets and liabilities derived from the defunct ESF Secretariat are hereby transferred to the Office of External Affairs (OEA).

SECTION 2

SECTION 2. For the efficient administration, the OEA shall issue guidelines for the availment and utilization of the ESF collections.

SECTION 3

SECTION 3. All Executive Orders, rules and regulations and other issuances or parts thereof, which are inconsistent with the provisions of this Executive Order are hereby repealed, amended or modified accordingly.

SECTION 4

This Executive Order shall take effect immediately

SECTION 4. This Executive Order shall take effect immediately.

DONE in the City of Manila, this 5th day of October, in the year of Our Lord, Two Thousand Five.

(Sgd.) GLORIA MACAPAGAL-ARROYO President of the Philippines

By the President:

(SGD.) EDUARDO R. ERMITA Executive Secretary