Composition.
Section 1
SECTION 1. Composition. — The Iron and Steel Authority shall be composed of the Chairman of the Board of Investments, as Chairman, the Secretary of National Defense, the Secretary of Finance, the Secretary of Trade, the Central Bank Governor, and the Chairman of the Development Bank of the Philippines or their duly designated permanent representatives, and two representatives from the private sector, one of whom shall represent the primary steel manufacturers and the other to represent the secondary manufacturers of steel products, to be appointed by the President, as members. The secretariat of the Authority shall be provided by the Board of Investments. The Authority shall constitute itself immediately and shall exist for a period of five years from the date of this Decree: