Section 2 subparagraph b (v) of Executive Order No
Section 1. Section 2 subparagraph b (v) of Executive Order No. 308 (1987), as amended by Executive Order No. 505 (1991), is hereby amended further to read as follows:
—b. Functions of the Council. The Council shall have the following functions:
x x x
(v) Review and approve the annual and multi-year regional infrastructure and other sectoral programs, including LGU-proposed programs for national funding, which require appropriation of national government funds.
The Council shall complete its review and forward its recommendation/s within sixty (60) days from the submission of the infrastructure or sectoral program to the Council. For programs already submitted and pending before it, the Council shall complete its review and forward its recommendation/s within thirty (30) days from the effectivity of this Executive Order.
Proponent agencies shall coordinate with the Council at the early stage of project development, preferably at the identification or feasibility study (F/S) preparation stage, and shall have made available the necessary requirements requested by the Council by the time the program is submitted for review.
Failure of the Council to submit its recommendations within the periods aforestated shall be deemed equivalent to an approval of the particular infrastructure or sectoral program.—