SEC. 2. Purposes, Powers and Duties of the
Commission. —
To establish, maintain and make available for veterans and their dependents
all such services necessary to provide them assistance for employment, medical
care,
education and other related services.
The term "veteran" refers to veterans of the Philippine Revolution, World War
II, Korean War as used by the Philippine Veterans Administration and all such
other veterans as may be determined by the Commission.
The term "dependents" refers to the spouse, children, legitimate,
acknowledged natural or adopted children wholly dependent upon and living with
the veterans, who are not more than twenty-three years of age or over twenty
three years of age if they are incapable of self-support because mentally or
physically defective. The term "dependents" also covers parents of the veterans
who are wholly dependent upon and living with them.
To manage, invest and otherwise deal with the funds and financial
contributions transferred or made to the Commission by the Government and
private persons such that the services to be provided under this Decree
shall be financed out of the income of such investments and cause the Commission
to operate on a self-sustaining basis.
To adopt, amend and rescind, such rules and regulations as may be necessary
to carry out the provisions and purposes of this Decree.
To submit annually in January a public report to the President covering its
activities in the administration and enforcement of this Decree during the
preceding year and including information and recommendations on Commission
policies.
To enter into agreements or contracts for such service and aid as may be
needed for the proper, efficient and stable administration of the Commission or
in furtherance of its expressed purposes.
To adopt an annual budget of expenditures including salaries of personnel
against all funds available to the Commission under this Decree.
To require reports, compilations and analysis of statistical and economic
data and to make investigations as may be needed for the proper administration
of the Commission.
To acquire property, real or personal, which may be necessary or expedient
for the attainment of the purposes of this Decree.
To perform such other acts as it may deem appropriate for the proper
enforcement of this Decree.