Compensation of the Chairman and Members of the Board.
Section 15
SEC. 15. Compensation of the Chairman and Members of the Board.—The Chairman shall receive an annual salary of fifty, thousand pesos (P50,000.00) and a monthly commutable allowance of two thousand pesos (P2,000.00), and each member shall receive an annual salary of forty thousand pesos (P40,000.00) and a monthly commutable allowance of one thousand five hundred pesos (P1,500.00).