Section 5
SEC. 5. Section 5, Republic Act Numbered Thirty-six Hundred and One, is hereby amended to read as follows: "SEC. 5. Powers and Duties of the Board of Directors. — The Board of Directors shall have the following powers and duties: To formulate and adopt policies for the management and operations of the National Irrigation Administration, and to prescribe, amend, and repeal, with the approval of the President of the Philippines, rules and regulations governing the manner in which the general business of the National Irrigation Administration may be conducted, including provisions for the formation of such committee or committees as the Board may deem necessary to facilitate its business; To recommend to the President of the Philippines the appointment of such number of Assistant Administrators as the exigencies of the service may require from a list of names submitted by the Administrator; to fix the compensation of the Irrigation Administrator and his Assistant/s, and by at least two-thirds vote of all the members, to recommend the suspension and/or removal of the said officials for cause; To approve, subject to the final action of the President, the annual and/or supplemental budget of the NIA which may be submitted to the Board by the Irrigation Administrator from time to time; and To appoint and fix the compensation of a Board Secretary who shall hold office at the pleasure of the majority of the members of the Board.