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RA 9593 (The Tourism Act of 2009) Section 81

Boards of Directors and Consultative Bodies of TEZ Operators.

Section 81

SEC. 81. Boards of Directors and Consultative Bodies of TEZ Operators. — The seats of the Board of Directors of a TEZ operator shall be allocated pro-rata according to the respective capital contributions of the TEZ operator’s shareholders. TEZ operators are encouraged to reserve seats on their Boards of Directors for relevant interest groups, such as those representing environmental, religious, cultural, TEZ investors’, TEZ residents’ and other interests. In ally case, TEZ operators may form consultative bodies for such special interest groups to assist them in the formulation and implementation of policies, plans and projects.

Read the full instrument → · Open the chapter this section belongs to: CHAPTER IV →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

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

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