Section 4
SEC. 4. Fishery Industry Development Council — To implement the foregoing 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 Agriculture and Natural Resources Chairman Director of Fisheries Vice-Chairman and Executive Officer Secretary of National Defense Member Governor of the Central 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 And a representative each to be recommended by the largest nation-wide bona fide organizations of fishpond operators and fishing associations, to be appointed by the President upon the recommendation of the Secretary, Department of Agriculture and Natural Resources for a term of two years. Within thirty days after the approval of this Decree, the President of the Philippines shall constitute the Council. The Council shall meet regularly on the first Monday of each month: Provided, That the Chairman may convene the Council in special meetings to consider urgent matters. If any of the members shall not be able to attend the regular and special meetings of the Council, he shall send a duly authorized representative to exercise his powers and perform his functions. The Council shall adopt the rules and regulations necessary to govern its proceedings, and determine its official location and address.