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REPUBLIC ACTS

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REPUBLIC ACT NO. 5450

REPUBLIC ACT NO. 5450 - AN ACT APPROPRIATING FUNDS FOR THE OPERATIONS OF THE BOARD OF INVESTMENTS DURING THE PERIOD FROM JULY FIRST NINETEEN HUNDRED AND SIXTY-EIGHT TO JUNE THIRTIETH NINETEEN HUNDRED AND SIXTY-NINE

Section 1. The following sums or so much thereof as may be necessary are hereby appropriated out of any funds in the National Treasury not otherwise appropriated for the operation of the Board of Investments pursuant to the provisions of Republic Act Numbered Fifty-one hundred eighty-six and other laws the implementation of which is assigned to the Board of Investments during the period from July first nineteen hundred sixty-eight to June thirtieth nineteen hundred sixty-nine: GENERAL FUND I. PERSONAL SERVICES A. OFFICE OF THE BOARD OF GOVERNORS 1. One Chairman P50,000 2. Four Governors at P40,000 160,000 3. One Board Secretary and Executive Assistant 24,000 4. One Special Assistant 15,600 5. One Private Secretary to the Chairman 6,000 6. Four Private Secretaries at P6,000 24,000 7. One Secretary 4,800 8. One Senior Stenographer 4,200 9. One Minute Recorder 3,600 10. Six Utility Men at P2,700 16,200 B. OFFICE OF THE AUDITOR 11. One Auditor 24,000 12. One Assistant Auditor 14,400 13. One Senior Examiner 7,200 14. One Audit Examiner 4,800 15. One Auditing Clerk 3,600 C. PLANNING, RESEARCH AND INFORMATION DEPARTMENT 1. Office of the Director 16. One Director 24,000 17. One Secretary 4,800 2. Information Section 18. One Information Officer 15,600 19. One Senior Analyst 13,200 20. One Analyst 9,300 21. One Librarian 9,300 22. One Assistant Librarian 5,280 23. One Draftsman 5,280 24. One Senior Stenographer 4,200 3. Sectorial Planning Section 25. One Chief Analyst (Section Head) 15,600 26. One Senior Analyst 13,200 27. One Senior Analyst 13,200 28. One Analyst 9,300 29. One Analyst 9,300 30. One Staff Assistant 5,280 31. One Senior Stenographer 4,200 4. Industry Planning Section 32. One Chief Analyst (Section Head) 15,600 33. One Senior Analyst 13,200 34. One Senior Analyst 13,200 35. One Analyst 9,300 36. One Assistant Analyst 7,020 37. One Staff Assistant 5,280 38. One Clerk-Typist 3,600 5. Statistics Section 39. One Chief Analyst (Section Head) 15,600 40. One Senior Analyst 13,200 41. One Analyst 9,300 42. One Assistant Analyst 7,020 43. Two Staff Assistants at P5,280 10,560 44. One Clerk-Typist 3,600 D. PROJECT DEVELOPMENT DEPARTMENT 1. Office of the Director 45. One Director 24,000 46. One Senior Analyst 13,200 47. One Analyst 9,300 48. One Secretary 4,800 2. Agricultural Industries Section 49. One Chief Analyst (Section Head) 15,600 50. One Senior Analyst 13,200 51. Two Analysts at P9,300 18,600 52. One Assistant Analyst 7,020 53. One Staff Assistant 5,280 54. One Clerk-Typist 3,600 3. Chemical and Allied Processing Industries Section 55. One Chief Analyst (Section Head) 15,600 56. One Senior Analyst 13,200 57. One Senior Analyst 13,200 58. Two Analysts at P9,300 18,600 59. One Analyst 8,400 60. One Assistant Analyst 7,020 61. One Staff Assistant 5,280 62. One Clerk-Typist 3,600 4. Engineering, Metallurgical and Mining Industries Section 63. One Chief Analyst (Section Head) 15,600 64. Two Senior Analysts at P13,200 26,400 65. One Analyst 9,300 66. One Analyst 9,300 67. One Assistant Analyst 7,200 68. One Assistant Analyst 7,020 69. One Staff Assistant 5,280 70. One Clerk-Typist 3,600 E. PROJECT EVALUATION DEPARTMENT 1. Office of the Director 71. One Director 24,000 72. One Secretary 4,800 2. Engineering Section 73. One Chief Analyst (Section Head) 15,600 74. One Senior Analyst 13,200 75. One Senior Analyst 13,200 76. One Senior Analyst 13,200 77. One Senior Analyst 13,200 78. Two Analysts at P9,300 18,600 79. One Assistant Analyst 7,200 80. One Assistant Analyst 7,020 81. One Staff Assistant 5,280 82. One Clerk-Typist 3,600 3. Marketing and Distribution Section 83. One Chief Analyst (Section Head) 15,600 84. Three Senior Analysts at P9,300 39,600 85. Two Analysts at P9,300 18,600 86. Two Assistant Analysts at P7,020 14,040 87. One Staff Assistant 5,280 88. One Senior Stenographer 4,200 4. Finance Section 89. One Chief Analyst (Section Head) 15,600 90. One Senior Analyst 13,200 91. Two Senior Analysts at P13,200 26,400 92. Two Analysts at P9,300 18,600 93. Three Analysts at P8,400 25,200 94. One Assistant Analyst 7,020 95. Two Staff Assistants at P5,280 10,560 96. One Clerk-Typist 3,600 F. PROJECT ASSISTANCE AND SUPERVISION DEPARTMENT 1. Office of the Director and Legal Counsel 97. One Director 24,000 98. One Assistant Director 19,100 99. One Liaison Officer 13,200 100. One Secretary 4,800 101. One Senior Stenographer 4,200 2. Legal Section 102. One Legal Officer I (Section Head) 15,600 103. Two Legal Officers II at P13,200 26,400 104. One Legal Officer II 13,200 105. Three Legal Officers III at P9,300 27,900 106. Three Legal Officers at P7,200 21,600 107. One Senior Stenographer 4,200 3. Processing Section 108. One Chief Analyst (Section Head) 15,600 109. One Senior Analyst 13,200 110. One Analyst 9,300 111. One Processing Clerk 3,600 112. One Processing Clerk 3,600 4. Project Assistance Section 113. One Chief Analyst (Section Head) 15,600 114. One Senior Analyst 13,200 115. One Senior Analyst 13,200 116. Three Analysts at P9,300 27,900 117. One Staff Assistant 5,280 118. One Senior Stenographer 4,200 5. Project Supervision Section 119. One Chief Analyst (Section Head) 15,600 120. One Senior Analyst 13,200 121. Two Senior Analysts at P13,200 26,400 122. One Analyst 9,300 123. Two Assistant Analysts at P7,020 14,040 124. One Senior Stenographer 4,200 G. MANAGEMENT SERVICES 1. Administrative Office 125. One Administrative Officer 15,600 126. One Clerk-Typist 3,600 2. Budget and Finance Office 127. One Budget Officer 14,400 128. One Senior Budget Examiner 7,200 129. One Cashier 7,020 130. One Budget Examiner 7,020 131. One Assistant Cashier 5,400 132. One Clerk-Typist 3,600 3. Accounting Office 133. One Chief Accountant 10,800 134. One Assistant Chief Accountant 8,400 135. One Accountant 7,020 136. Two Accounting Clerks at P4,200 8,400 137. One Clerk-Typist 3,600 4. Personnel Office 138. One Personnel Officer 9,300 139. One Personnel Clerk 4,200 140. One Personnel Aide 3,600 141. One Clerk-Typist 3,600 5. Records Office 142. One Records Officer 9,300 143. One Records Clerk 4,200 144. One Clerk-Typist 3,600 145. One Technical Utility Man 3,600 6. Property and Supply Office 146. One Supply Officer 10,800 147. One Property Custodian 4,200 148. One Canvasser 4,200 149. One Clerk-Typist 3,600 150. One General Services Officer 9,300 151. One Receptionist 3,600 152. One Clerk-Typist 3,600 153. One Clerk-Typist 3,600 154. One Driver 2,700 155. One Driver 2,700 156. Two Drivers at P2,700 5,400 157. One Telephone Operator 3,600 158. Three Technicians (Utility Aide) at P3,000 9,000 159. Six Messengers at P2,700 16,200 MISCELLANEOUS 160. For salaries and wages of temporary and emergency employees, including technical men, skilled, semi-skilled and unskilled laborers who may be employed from time to time as the need of their services may require at rates in accordance with the Minimum Wage Law, R.A. No. 4180 50,000 161. For employees' retirement and life insurance premiums 86,700 Total for personal services (202 positions) P2,033,200 II. MAINTENANCE AND OTHER OPERATING EXPENSES 1. Traveling expenses P100,000 2. Supplies and materials 100,000 3. Sundry expenses, including the commutable allowances of the Board Members, pursuant to the provisions of R.A. 5186, and other representation expenses 300,000 Total for Maintenance and Other Operating Expenses P500,000 III. EQUIPMENT 1. Equipment Outlay, including the purchase of two automobiles, and two station wagons needed in carrying out the objective of R.A. 5186 P150,000 Total for Equipment P150,000 IV. SPECIAL PURPOSE 1. For expenses to carry out project assistance and to conduct investment studies, seminars and surveys including salaries, additional compensation, honoraria to technical and other personnel for consultants, subject to the approval of the Board P200,000 Total for Special Purposes P200,000 SUMMARY Total for salaries & wages P2,033,200 Total for sundry expenses 500,000 Total for equipment 150,000 Total for special purpose 200,000 Total current operating expenditures for the Board of Investments (General Fund) P2,883,200 Sec. 2. The provisions under the "General Provisions" contained in the General Appropriations Act for the fiscal year nineteen hundred sixty-eight and sixty-nine which are not in conflict with the provisions of Republic Act Numbered Fifty-one hundred and eighty-six and this Act, are hereby made applicable in carrying out the purposes of this Act. Sec. 3. This Act shall take effect July first, nineteen hundred and sixty-eight. Approved: September 30, 1968

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