Section 1
SECTION 1. Section eleven of Republic Act Numbered Sixty-one hundred and seventy-three is hereby amended to read as follows: "SEC. 11. Review of Commission's Order; Commission's Authority to Grant Provisional Relief. — A party adversely affected by a decision or any order of the Commission in the exercise of its powers subject to hearing, may, within a period of seven (7) days from receipt of said decision or order, appeal in writing, stating clearly and distinctly the grounds relied upon, to the National Economic Development Authority, which shall have exclusive authority and jurisdiction to review, reverse, modify or amend the same. The decision or order of the Commission shall be final, unless reversed, altered or modified, either on appeal or on review motu proprio within the period hereinbelow stated. The National Economic Development Authority shall decide the appeal on the basis of the record of the proceedings had before the Commission and without requiring a re-hearing, within thirty (30) days after the decision or order of the Commission shall have been submitted thereto, "The National Economic Development Authority shall likewise have the power to review, motu proprio, any decision or order of the Oil Industry Commission, to determine whether the same is in accord with the policies and guidelines formulated by the National Economic Development Authority. For this purpose, certified copies of all decisions, orders and rulings of the Commission shall be forwarded to the National Economic Development Authority immediately upon promulgation thereof. Should the National Economic Development Authority decide to exercise this power, it shall so advise the Oil Industry Commission within thirty (30) days after receipt of the decision, order or ruling. "The decision of the National Economic Development Authority, on appeal or after review motu proprio, shall be final. Unless the National Economic Development Authority directs otherwise, appeal or motu proprio review shall not stay execution or implementation of all decisions or orders of the Oil Industry Commission, which shall be executory upon the expiration of seven (7) days after their promulgation. "The Commission may, upon the filing of an application, petition or complaint or at any stage thereafter, and without prior hearing, on the basis of supporting papers duly verified and authenticated, grant provisional relief on motion of a party in the case or on its own initiative, without prejudice to a final decision after hearing, should the Commission find that the pleadings, together with such affidavits, documents and other evidence which may be submitted in support of the motion, substantially support the provisional order. "This Section shall apply to all pending proceedings in the Commission."