Powers and Duties of the Board.
Section 11
SEC. 11. Powers and Duties of the Board. — The Board shall have the following powers and duties: To promulgate policies and to prescribe such rules and regulations as may be necessary to implement the intent and provisions of this Decree, which rules and regulations shall take effect thirty (30) days following their publication in two (2) newspapers of general circulation in the Philippines; To recommend the establishment of other export processing zones as it may deem advisable, and to recommend to the President the issuance of a proclamation to fix and delimit the site of the zone or zones, which shall at all times remain to be owned by the Authority. The site of the zone or zones, as proclaimed by the President, shall be surveyed by the Bureau of Lands and conveyed thereafter in absolute ownership to the Authority by the President of the Philippines for the nominal sum of one peso for each parcel of land. Upon receipt of said deed of conveyance, the proper Register of Deeds shall register the same and issue the corresponding original certificate of title to the Authority; To approve the annual budget and such supplemental budgets which may be submitted to it by the Chairman; Upon the recommendation of the Administrator, to organize, reorganize and determine the Authority's staffing pattern; to fix their salaries and to define their powers and duties; Notwithstanding the provisions of law, rules and regulations to the contrary, to enter by itself into any contract or agreement as may be necessary for the proper, efficient and stable administration of the Authority and for the attainment of the purposes and objectives of this Decree; To recommend to the President the application of compulsory arbitration in the settlement of any labor dispute affecting any industry or business located inside the Zone. If in the opinion of the President the labor dispute would seriously impair Zone operation, he shall forthwith certify said labor dispute to the National Labor Relations Commission or the Court of Industrial Relations for immediate compulsory arbitration; To recommend to the Commissioner of Immigration the entry into the Philippines of foreign nationals for employment as authorized under