Section 1
Abolition and Winding-up
Section 1.
Abolition and Winding-up.
— The SZOPAD, SPCPD and the Consultative Assembly are hereby declared to have been abolished effective August 14, 2001 pursuant to Article XVIII, Section 16 of R.A. 9054.
The Chairman and Members of the SPCPD and the Consultative Assembly shall wind up the operations of the SPCPD and the Consultative Assembly not later than March 31, 2002.
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Section 2
Transfer of Functions and Responsibilities
Section 2.
Transfer of Functions and Responsibilities.
— The functions and responsibilities of the SPCPD with regard to the ARMM are hereby transferred to the ARMM Regional Government while its functions and responsibilities with regard to SZOPAD areas outside the ARMM are hereby transferred to the Southern Philippines Development Authority (SPDA).
Section 3
Transition Plan
Section 3.
Transition Plan.
— The National Economic and Development Authority (NEDA) shall formulate and submit to the Executive Secretary for approval a Transition Plan for the orderly transfer of the functions and responsibilities of the SPCPD to and the absorption of its qualified personnel in the ARMM Regional Government and the SPDA. The NEDA shall oversee the implementation of the Transition Plan which shall be completed within forty-five (45) days from the issuance of this Executive Order.
Section 4
Effectivity
Section 4.
Effectivity.
— This Order shall take effect immediately upon approval.
City of Manila, March 11, 2002.
(Sgd.)
GLORIA MACAPAGAL-ARROYO
President of the Philippines
By the President:
(Sgd.)
ALBERTO G. ROMULO
Executive Secretary