Purposes, Powers and Duties of the Commission.
Section 2
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.