Section 10
SEC. 10. Attached Agencies. The following government corporations are attached to the Department for purposes of policy coordination and integration with sectoral programs: Philippines National Oil Company, National Power Corporation and National Electrification Administration. Such attachment shall be in accordance with the applicable provisions of Article III, Chapter IV, Part II and of Article III, Chapter I, Part XI of the integrated Reorganization Plan. The ownership by the National Development Company of shares in the Manila Gas Corporation is hereby transferred to the Philippine National Oil Company, subject to the payment to National Development Company of the corresponding book value of its shareholdings in the said corporation as of date of transfer to the Philippine National Oil Company. Unless the President directs otherwise the Secretary of the Department shall be ex-officio Chairman of the governing boards of the Philippine National Oil Company, National Power Corporation, and National Electrification Administration. The Secretary of Public Works, Transportation and Communications shall be the ex-officio member of the governing boards of the National Electrification Administration and the National Power Corporation in lieu of one appointive position in the membership of said governing boards.