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PD 704 CHAPTER III

Section 12–15 · 4 provisions

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails.Read the official text ↗

Creation and Membership of the Council.

Section 12

SEC. 12. Creation and Membership of the Council.—To implement the policy enunciated in Section Two of this Decree, there is hereby created a Fishery Industry Development Council, hereinafter referred to as the Council, which shall be composed of the following: Secretary of Natural Resources Chairman Secretary of Agriculture Member Secretary of National Defense Member Secretary of Trade Member Secretary of Public Works, Transportation and Communications Member Governor of the Central Bank of the Philippines Member Chairman of the Development Bank of the Philippines Member President of the Philippine National Bank Member Chairman of the Board of Investments Member Director of Fisheries and Aquatic Resources Member and Executive Officer A representative of the inland fisheries associations Member A representative of the marine fisheries associations Member The two representatives from the private sector shall be appointed for a term of two (2) years by the Secretary upon the recommendation of the Director. Upon the effectivity of this Decree, the Council shall be constituted. The Council shall meet at least once a month: Provided, That the Chairman may convene the Council in special meetings to consider urgent matters. If the Chair-man cannot attend any meeting, the members present shall select from among themselves a temporary presiding officer. If any of the members shall not be able to attend any meeting of the Council, he shall send a duly authorized representative to exercise his powers and perform his functions. The Council shall adopt rules and regulations necessary to govern its proceedings. The Executive Officer shall be charged with the duty of implementing the policies and guidelines established by the Council.

Functions of the Council.

Section 13

SEC. 13. Functions of the Council.—The Council shall formulate and establish comprehensive policy guidelines for the management, protection, conservation and utilization of the fishery/aquatic resources of the country and for the creation of a healthy investment climate for the development of the fishery industry. It shall collate data and information from member agencies and the private sector for the formulation of policy guidelines.

Council Secretariat and its Director.

Section 14

SEC. 14. Council Secretariat and its Director.—The Council shall have a secretariat which shall furnish the necessary administration, secretarial and other service support to the Council. The secretariat shall be under the direction and supervision of a Secretariat Director who shall be appointed, and whose compensation shall be fixed, by the Chairman of the Council. The personnel of the Secretariat shall be appointed, and their compensation fixed, by the Chairman upon recommendation of the Secretariat Director.

Role of Member-Agencies.

Section 15

SEC. 15. Role of Member-Agencies.—A. The Central Bank of the Philippines, through the Monetary Board, shall be primarily responsible for seeking ways and means of financing the requirements of the Program in all its aspects. For this purpose, it shall, in addition to its present powers and functions, undertake the following activities: Coordinate the policies, programs and activities of all banks and financial institutions relating to the grant or extension of credit to persons, associations, cooperatives, and corporations engaged in the fishery industry; Facilitate the grant of preferential rates in the rediscounting of papers involving loans for the fishery industry; and Facilitate the grant of concessionary rate of interest on loans for the development of the fishery industry upon certification by the Director of Fisheries and Aquatic Resources. The Department of National Defense, principally through the Philippine Coast Guard shall extend all assistance, including personnel and equipment, as may be necessary in the enforcement of fishery laws, rules and regulations to help attain the aims and objectives of this Decree. The Department of Agriculture shall: Undertake soil sampling and provide or help provide fertilizers for fish farming purposes; and Perform such other functions as may be imposed upon it by law or requested by the Council in the acceleration of fish farming and/or in the furtherance of the objectives of this Decree. The Department of Trade shall: Plan and prepare such measures as may be necessary to promote exports of fish and fishery/aquatic products; and Perform such other functions as may be imposed upon it by law or requested by the Council in furtherance of the objectives of this Decree. The Department of Public Works, Transportation and Communications shall: Upon request of the Council, undertake site survey and investigation, draw plans for, and construct, infrastructure facilities for the fishery industry; and Perform such other functions as may be imposed upon it by law or requested by the Council in furtherance of the objectives of this Decree. The private sector of the fishery industry shall direct their collective efforts towards a more active cooperation and coordination with government agencies to attain the objectives of this Decree. It shall: Assume the primary responsibility of accelerating the development of the industry; Conduct research and experiments in cooperation with government agencies; Allow implementing agencies of the government access to such statistical data and information as would be necessary in the formulation of sound policies; and Take active participation, in collaboration with the Bureau and other government agencies, in technical manpower training by giving on-the-job training opportunities to fisheries apprentices, trainees and volunteers.

Back to PD 704 — full text

Provisions on this page are reproduced verbatim from official open data. See the attribution line.

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).