Maritime Industry Development Program.
Section 5
SEC. 5. Maritime Industry Development Program.—The Authority shall prepare and annually update a Ten-Year Maritime Industry Development Program, hereinafter referred to as "Program" which shall contain a rational and integrated development of the maritime industry. The Authority shall submit the same for approval by the President of the Philippines. Upon approval of the Program by the President, all government departments, bureaus, agencies, and instrumentalities shall implement the same within their respective jurisdictions. The Authority shall ensure that the approved program is being effectively implemented by the participating agencies. No government body or instrumentality shall adopt any policy or take course of action contrary to or inconsistent with the Program. B. MARITIME INDUSTRY BOARD