Administrator and Deputy Administrators; Powers and Duties.
Section 12
SEC. 12. Administrator and Deputy Administrators; Powers and Duties. — The Chairman, who is also the Administrator of the Authority, shall be assisted by two Deputy Administrators to be chosen and may be removed by the Board upon the recommendation of the Chairman. The Administrator and the Deputy Administrators shall be required to work full time in the Authority. Such deputies shall perform the duties, functions and responsibilities as may be assigned to them by the Administrator. The annual salary of each deputy shall be thirty thousand pesos with a monthly commutable allowance of five hundred pesos. The Chairman-Administrator shall have the following powers and duties: To direct and manage the affairs of the Authority in accordance with the policies of the Board; To assist registered Zone enterprises and prospective investors to have their papers processed with dispatch by all ^government offices, agencies, instrumentalities and financial and banking institutions; To prepare the agenda for the meeting of the Board and submit for its consideration and approval the policies and measures which he deems necessary and proper to carry out the provisions of this Decree; To submit within thirty (30) days after the close of each fiscal year an annual report to the Board and such other reports as may be required; To submit an annual budget and necessary supplemental budgets to the Board for its approval; To establish the internal organization of the Authority under such conditions that the Board may prescribe: Provided, That any major reorganization shall be subject to the approval of the Board; and To perform such other duties as may be assigned to him by the Board.