Powers and Duties of the Board.
Section 8
SEC. 8. Powers and Duties of the Board.—The Board shall have the following powers and duties: Formulate, prescribe, and promulgate the implementing rules and regulations required by this Decree; Act upon the annual budget and such supplemental budgets of the Authority submitted by the General Manager: Provided, That the Board may reduce but may not increase any item proposed by the General Manager; Approve the organizational structure of the Authority as well as its staffing pattern, the salaries of the personnel and their powers and duties submitted by the General Manager; Enter into such contract or agreement as may be necessary for the attainment of the purposes and objectives of this Decree; Render annual reports to the President and such special reports as may be requested; and Exercise all the powers necessary or incidental to the attainment of the purposes of this Decree.