Creation of the Bulacan Special Economic Zone and Freeport Authority.
Section 4
SEC. 4. Creation of the Bulacan Special Economic Zone and Freeport Authority. - There is hereby created a body corporate to be known as the "Bulacan Special Economic Zone and Freeport Authority," hereinafter referred to as the BEZA, which shall manage and operate the BuZ, in accordance with the provisions of this Act: Provided, That the management and operations of any existing Philippine Economic Zone Authority (PEZA)-supervised economic zones in the BuZ shall remain with PEZA: Provided, further, That existing PEZA-registered locators within the BuZ shall have the option to register with PEZA or the BEZA: Provided, finally, That the management and operations of the Airport Project and the Airport City Project shall be in accordance with Republic Act No. 11506. It shall be organized within one hundred eighty (180) days upon the effectivity of this Act.