Section 1. —The Bagong Pagkain ng Bayan—Program under the Office of the President, its assets and liabilities as well as personnel are hereby transferred to the Technology Resource Center (TRC) as a program unit. The transfer shall include the projects, functions, organization, appropriations, funds, records, equipment, facilities, choses in action and rights thereof.
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Executive Order No. 515 (1992)
Executive Order No. 515 (1992)
the President of the Philippines has continuing authority to reorganize the administrative structure of the Office of the President by, among others, transferring any function under the Office of the President to any other department or agency of the Government pursuant to Section 31, Chapter 10, Title III, Book III of the 1987 Administrative Code;
Section 2. The Board of Trustees of the Technology Resource Center shall promulgate the necessary rules and regulations for the proper implementation and management of the—Bagong Pagkain ng Bayan—Program. ℒαwρhi৷
Section 3. The—Bagong Pagkain ng Bayan—Program shall serve as the institutional vehicle through which local government units shall have access to the facilities, resources, technical assistance, and investment support services - such as research and development - direct loans or guarantees on loans for agricultural and support projects for the efficient and effective implementation of their development plans, programs— and priorities.
Section 4. —— This Executive Order shall take effect immediately.
DONE in the City of Manila, this 14th day of April, in the year of Our Lord, nineteen hundred and ninety two.
(Sgd.) CORAZON C. AQUINO
By the President:
(Sgd.) FRANKLIN M. DRILON Executive Secretary