Compensation of Chairman and Members of the Board.
Section 10
SEC. 10. Compensation of Chairman and Members of the Board. — The Chairman, who is also the Administrator of the Authority, shall receive an annual salary of fifty thousand pesos and a monthly commutable allowance of one thousand pesos. The members of the Board shall receive a per diem of not to exceed two hundred pesos for each board meeting actually attended by them: Provided, That such per diems shall not exceed one thousand pesos during any month for each member: Provided, further, That no other allowances or any form of compensation shall be paid them, except actual expenses in traveling to and from their residences to attend board meetings.