RA 1300 Section 8

President and Vice-President—Appointment anl removal—Salaries.

Section 8

SEC. 8. President and Vice-President—Appointment anl removal—Salaries.—The chief executive of the Bank shall by the President, who shall be chosen and may be removed by the Board of Dix-ectors with the advice and consent d the President of the Philippines. He shall be assisted by an executive Vice-President and one or more Vice-Presidents who shall be chosen and may be removed by the Board of Directors. The salaries of the President and the Vice-President shall be fixed by the Board of Directors with the approval of the President of the Philippines. POWERS OF BOARD OF DIRECTORS

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Other provisions in RA 1300

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of July 4, 2026

CitationRA 1300 Section 8 (LawPlayer, data as of July 4, 2026)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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