Memorandum Circular No. 88 — MEMORANDUM CIRCULAR NO. 88 AUTHORIZING GOVERNMENT OFFICIALS AND EMPLOYEES OF THE NATINAL GOVERNMENT AND LOCAL GOVERNMENT UNITS TO ATTEND THE NATIONAL CONVENTION ON "SUSTAINING THE REAL ESTATE BOOM"

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SECTION 1

SECTION 1. All heads of departments, bureaus, offices, agencies, including government-owned and/or controlled corporations and their subsidiaries, government financial institutions and local government units from the Provincial Governors, City Mayors, Municipal Mayors and/or their concerned officials/employees are hereby enjoined to attend the convention on official time.

Sec. 2

Sec. 2. Participants shall actively participate in the discussions an din resolutions of critical issues.

Sec. 3

Sec. 3. Because of the need for the government and private sector to be knowledgeable of the law, rules and regulations on the matter, all pertinent documents shall be given to the participants who shall submit all documents to the head of their office, including reports on current issues, resolutions and all recommendations for the effective compliance of all laws relative thereto.

Sec. 4

Sec. 4. Government participants will attend the convention on official time and expenses allowable at rates prescribed in accordance with current COA, CSC and DBM policies chargeable against the funds of their respective offices, subject to the availability of funds and the usual accounting and auditing rules and regulations. This Memorandum Circular shall take effect immediately.

DONE in the City of Manila, this 17th day of August, in the year of Our Lord, Two Thousand and Five. By Authority of the President:

(Sgd.) EDUARDO R. ERMITA

Executive Secretary