MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ EXECUTIVE ORDER NO. 515, April 14, 1992 ]

TRANSFERRING THE BAGONG PAGKAIN NG BAYAN PROGRAM TO THE TECHNOLOGY RESOURCE CENTER (TRC) AND RATIONALIZING ITS MANDATE AND ORGANIZATION

WHEREAS, pursuant to the provisions of Executive Order No. 85, series of 1986, the former Ministry of Human Settlements (MHS) had been abolished and the final disposition and the organizational alignment of its programs and projects, agencies, corporations and councils had been made subject of subsequent issuances;

WHEREAS, the Bagong Pagkain ng Bayan Program established pursuant to the provisions of Presidential Decree No. 262, as amended - a program under the former Ministry of Human Settlements - had been placed under the Office of the President through Executive Order No. 10, series of 1986;

WHEREAS, it is necessary to transfer the Bagong Pagkain ng Bayan Program from the Office of the President to the Technology Resource Center; and

WHEREAS, 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;

NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, by virtue of the powers vested in me by law, do hereby order:

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.

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


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