Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City
NINETEENTH CONGRESS
First Regular Session
HouseBi||No.8156
Introduced by Rep. FERDINAND MARTIN G. ROMUALDEZ &
Rep. FERDINAND ALEXANDER A. MARCOS
EXPLANATORY NOTE
The National Housing Authority (NHA) was organized as  a government-owned
and controlled corporation by virtue of Presidential Decree No. 757 on July 31,1975.
This integrated the efforts of the government in addressing the housing problem of the
country.
Four decades since its establishment, the NHA Charter remained unchanged and
its corporate term is set to expire.  In order to adapt to the changing conditions in the
housing industry and address the current problems of the agency, there is  a need to
expand, strengthen and reorganize the NHA as well as extend its coaporate term.
Hence, this bill.
This  proposed  measure  integrates  all  laws  relative  to  the  National  Housing
Authority,  update  its  charter,  strengthen  its  functions,  reorganize  its  structure,  and
provide for its peapetual existence. The changes introduced into this bill would allow
the NHA to implement innovative and altemative solutions in addressing the housing
needs of informal settler families, the lower-income classes and the vulnerable sector;
develop,  sustain,  and reinforce the govemment's  partnership with local  government
units  and  the  private  sector,  generate  income  through  the  efficient  utilization  of
existing  and  future  assets,  and;  strengthen  citizen  participation  in  the  planning  of
housing programs and projects.
In light of the foregoing, the immediate passage of this bill is earnestly sought.
FERDINAND  ALEXANDER  A.  MARCOS
ist  District,  Ilocos  Norte


Republic of the Philippines
HOUSE OF REPRESENTATIVES
Quezon City
NINETEENTH CONGRESS
First Regular Session
HouseBillNo.8156
Introduced by Rep. FERDINAND MARTIN G. ROMUALDEZ &
Rep. FERDINAND ALEXANDER A. MARCOS
AN ACT
STRENGTHENING       THE       NATIONAL       HOUSING       AUTHORITY,
EXTENDING   ITS   CORPORATE   TERM,   AND   AMENDING   FOR   THIS
PURPOSE PRESIDENTIAL DECREE NO. 757 (P.D. 757), "CREATING THE
NATIONAL  HOUSING  AUTHORITY  AND  DISSOLVING  THE  EXISTING
HOUSING   AGENCIES,   DEFINING   ITS    POWERS   AND    FUNCTIONS,
PROVIDING FUNDS THEREFOR, AND FOR OTHER PURPOSES."
Be it enacted by the Senate and the House Of Representatives of the Philippines in
Congress assembled..
SECTION   1.  Title.  -  This  Act  shall  be  known  as  the   "National  Housing
Authority Act of 2o23 " .
SECTION  2.  Declaration of Policy.  -  It  is  the policy of the  State to  ensure  a
continuing urban land reform  and housing,  which will make available  at affordable
cost, sustainable housing and basic services to underprivileged and homeless citizens,
in order to guarantee freedom from poverty, rising standard of living,  and improved
quality of life for all.
The  State,  in  partnership  with the private  sector,  and  its  stakeholders  shall
also:
a.    Expand the people's access to affordable, adequate, safe, and secure shelter in
well-planned  and sustainable communities;
b.    Enable  informal  settler  families  to  live  in  resilient,  vibrant,  and  comected
urban communities ;
c.    Promote   inclusive   and   integrated   housing   that   are   culturally   sensitive,
community-based,  responsive  to  local  context  and/or  special  needs,  and  in
accordance with appropriate standards and designs;
d.    Develop and sustain close partnerships with local government units (LGUs) to
enhance and   streamline the formulation, preparation,  and implementation of
housing programs;


e.    Develop and sustain investments in the housing and urban development sector
by, among       others,   promoting   partnerships,   improving   market   linkages,
simplifying government      procedures and    facilitating access to finance;
f.    Improve affordability of housing programs and projects;
9.   Respond to displacement of families due to natural disasters and emergencies;
h.   Promote climate change resilient housing and basic infrastructure, taking into
account the importance of cultural and environmental stewardship; and
i.    Make land available and accessible for housing.
SECTION  3.   Statement  of  Objective.  -  Towards  this  end,  the  State  shall
integrate all laws relating to the National Housing Authority to effectively achieve the
followingobjectives:
a.    Develop  integrated,  sustainable,  safe,  affordable  and  resilient  communities,
particularly  for  the  underprivileged  and  homeless  as  well   as  low-income
households;
b.    Implement  innovative  and  altemative  solutions  in  addressing  the  housing
needs of informal settler families, the lower-income classes and the vulnerable
sector;
c.    As  a  government-owned  and  -controlled  corporation,  to  generate  income
throuch the     efficient utilization of existing and future assets to  support the
programs of the Authority;
d.   Adopt viable land acquisition and management approaches; and,
e.    Strengthen housing as a platform to reduce poverty, promote climate resilience,
improve   socio-cultural outcomes, and promote economic development.
SECTION 4. Extension of Coaporate Term;  Effect. - Upon the approval of this
Act,   the   goverrment   corporation   known   as   the   National   Housing   Authority,
hereinafter,  the  "Authority",  created by virtue of Presidential  Decree No.  757  (P.D.
757), shall have perpetual existence unless otherwise terminated or abolished.
As  such,  the Authority shall  continue  to  perform its mandates,  exercise its
powers   and  functions,   and  enjoy  its   incentives,   as   contained  in  P.D.   757,   and
subsequent  laws  and  issuances,  unless  expressly  repealed  herein.  Likewise,  it  shall
continue to enjoy all rights and assume all of the liabilities that pertain thereto.
SECTION  5.  Office.  -    The  Authority  shall  retain  its  principal  office  at  the
NHA Main Office,  Elliptical Road,  Diliman,  Quezon City  1101, but may have such
regional  and  district  offices,  agencies,  or  subsidiaries  in  other  areas  all  over  the
country, as maybe necessary. The Authority shall be under the control of the Office of
the  President  and  supervised by the  Department  of Human  Settlements  and  Urban


Development  for  purposes  of  policy  and  program  coordination,  monitoring  and
evaluation.
SECTION  6.  Powers  and  Functions  of the  Authority.  -The  Authority,  in  line
with  its  role  as  the  sole  government  agency  engaged  in  shelter production,  and  in
pursuit  of the  foregoing  policies  and  objectives,  shall  also  exercise  the  following
powers and functions:
Housing Operations and Support Services
a.    Develop and implement comprehensive and integrated housing and urban
and rural development programs for citizens including, but not limited to:
(i)         programs for the improvement of blighted urban areas:
(ii)        direct  shelter  production  and  disposition  primarily  for  informal
settler families and the underprivileged and homeless;
(iii)       relocation of families subject of court-ordered eviction; and,
(iv)       housing    programs    for    government    employees    and    armed
persormel,  such  as  but  not  limited  to:  members  of the  Armed
Forces of the Philippines (AFP), Philippine National Police (PNP),
Bureau of Jail Management and Penology (BJMP), Bureau of Fire
Protection (BFP), and Bureau of Corrections (Bucor).
b.   Prescribe  guidelines  and  standards  for the reservation,  conservation  and
utilization of public lands identified for housing and resettlement;
c.    Design and implement sustainable livelihood programs,  fully funded by
the national government, which are responsive to the needs of its housing
community,   in   coordination   with   the   concerned   local   and   national
goverrment  agencies  and,  whenever  practicable,  with  participation  of
civil society organizations and the private sector;
d.    Strengthen citizen participation in the planning of housing programs and
projects.  Housing programs and projects  shall be publicly available in a
manner  that  affords  affected  housing  residents,  assisted  families,  and
other interested parties an opportunity, for a period not shorter than sixty
(60)  days,  to  study  and  comment  on  the  measures.  The  Authority,  in
preparing   a   final   plan   or   in   making   amendments,   shall   consider
comments or views received from stakeholders. The final plan, program,
amendment, or report shall be made publicly available.
e.    Formulate  a  comprehensive  housing  management  plan,  which  shall  be
updated  regularly,  or  as  circumstances  require,  and  shall  contain  the
following:
(i)         Financial Resources -An operating budget for the Authority that
includes a description of financial resources available; the uses to
which  such  resources  will  be  committed,  and  administrative,
management, maintenance, and capital improvement activities to


11.
be  carried  out;  and  an  estimate of market  value  of each public
housing development of the Authority;
(ii)        Eligibility   -   A   statement   of  the   policies   of  the   Authority
governing   eligibility,   admissions,   and   occupancy  of  housing
dwelling units and housing assistance. The plan shall include the
procedures for assignment of families admitted to dwelling units
and    any   standards    and   requirements    for   occupancy.    The
necessary   safeguards   for   unauthorized   sale,   lease,   rent   or
disposition of housing units shall also be reinforced; and
(iii)       Quality standards -A statement of the standards and policies of
the   Authority   governing   maintenance   and   management   of
housing  projects.  It  shall  lay  down  the  routine  and  preventive
maintenance policies for public housing, emergency, and disaster
plans as well as collection and security plans and policies.
f.    Develop   and   undertake   our   urban   and   rural   development   projects
including basic community facilities, by itself or through joint ventures or
other arrangements with public and private entities;
9.   Improve, redevelop, or revitalize completed byt not yet tuned-over NHA
housing  projects by constructing therein additional community structures
or, whenever necessary, demolishing previously erected structures similar
in nature, and consistent with existing laws and regulations;
h.   Provide technical and other forms of assistance to local government units
in   the   implementation   of  their   own   housing   programs,   or   private
developers  undertaking  low-cost  housing  projects,   coherent  with  the
policies of the Authority;
i.    Undertake financing of housing programs initiated by local government
units or local communities; and
j.    Extend shelter services to victims of calamities, natural or man-made, as
declared  by  the  President;   for  this  purpose,   the  Authority  is   given
sufficient leewaybythe other  government    agencies    to    expedite    the
process.
Asset Management and Business Development
a.    Exercise   the   right   of  eminent   domain,   purchase,   sell,   lease   and/or
exchange  lands  for purposes  of housing development,  resettlement  and
other related services and facilities;
b.   Issue   bonds   or   contract   loans,   credits,   or   indebtedness,   including
suppliers credit or any deferred payment arrangements with any person or
entity,   domestic   or   foreign,   for   the   implementation   of  its   housing
programs;


c.    Invest its funds, as it may deem proper, in bonds and securities issued and
guaranteed by the government or by the Ban8ko Sentral ng Pilipinas, and
to  invest,  own  or  otherwise  participate  in  equity  in  any  establishment,
firm  or entity;  to  form,  organize,  invest  in  or  establish  and  maintain  a
subsidiary or subsidiaries in relation to any of its purposes;
d.    Ensure the collection and recovery of all  indebtedness,  liabilities  and/or
accountabilities,  due  from  all  obligors,  whether  public  or  private;  to
demand payment of the obligations referred to herein, and in the event of
failure or refusal of the obligor or debtor to comply with the demand, to
Initiate  and  Institute  the  necessary  or  proper  actions  or  suits,  criminal,
civil    administrative    or    otherwise,    before    the    courts,    tribunals,
commissions, boards or bodies of proper jurisdiction: Provided, however,
that the Authority may compromise or release , in whole or in part,  any
interest, penalty or civil liability to the Authority in connection with the
collection   or   amortizations,    under   such   terms    and   conditions    as
prescribed by the Board of Directors:  Provided,  further, That the Board
may,   upon  recommendation  of  the   General   Manager,   deputize   any
member   of  the   Authority's   legal   staff  to   act   as   special   sheriff  in
foreclosure cases, in the sale or attachment of the debtor's properties, and
in  the  enforcement  of court  writs  and  processes  in  case  involving  the
Authority. The special sheriff of the Authority shall make a report to the
proper court after any action taken by him, which shall treat such action
as if it were an act of its own sheriffs in all respects; and,
e.  Generate  sources  and  formulate  schemes  for  financing,  with  due
delineation of government and private sector participation.
Ill.        Management s ervices
a.    Fomulate  and  enforce  general  and  specific  policies  for  housing  and
resettlement;
b.   Monitor and/or discharge of all responsibilities of the government as may
arise from treaties,  agreements,  and other commitments on housing and
resettlement  to  which  it  is  a  signatory,  including  the  determination  of
forms  of assistance  for  housing  development  to  be  extended  through
multilateral or bilateral assistance programs;
c.    Serve     as     central     repository    of    database     and    census     list     of
households/families    along    waterways,     danger    areas,     government
infrastructure project site and government owned lands in Metro Manila
and   all   regions   nationwide,   which   shall   be   used   for   subsequent
government interventions with housing and resettlement component; and
d.   Approve restructuring proposal for the payment of unpaid amortizations
under such terms and conditions as the Board of Directors may prescribe.


SECTION 7. The Board of Directors; Its Composition. -The Board of Directors,
hereinafter referred to  as the  Board,  is hereby reconstituted to have  a maximum of
thirteen (13) members, consisting of the following:
a.    Eleven (11) ex-officio members, namely:
1.    Secretary   of   the    Department    of   Human    Settlements    and   Urban
Development;
2.    Secretary of the Department of public Works and Highways;
3.    Secretary of the Department ofFinance;
4.    Secretary of the Department of Trade and Industry;
5.    Secretary of the Department of Labor and Employment;
6.    Secretary of the Department of Environment and Natural Resources;
7.    Secretary of the Department of Interior and Local Government;
8.    Secretary of the Department of Budget and Management;
9.   Director-General of the National Economic and Development Authority;
10. Executive Secretary; and,
11. General Manager of the Authority.
b.   Two (2) expert panel members with expertise in housing, urban planning and
development.
The  expert  panel  members  must  be:  (i)  Filipino  citizens  and  of  good  moral
character (ii) be of recognized probity and independence and must have distinguished
themselves   professionally in public,  civic or academic service;  (iii) be in the active
practice  of their professions  for  at  least  seven  (7)  years;  and  (iv)  not  be  appointed
within one (1) year after losing       in  the  immediately  preceding  elections,  whether
regular or special.
The Secretary of the Department of Human Settlements and Urban Development
shall be the ex officio Chairperson of the Board.
All  appointive members/directors  must have  qualified  under the  Fit  and  Proper
Rule, as defined by Republic Act  10149 or the Governance Commission for GOCCs
(GCG) Law.
An   appointive   director   shall   continue   to   hold   office   until   the   successor   is
appointed.
The Board shall meet regularly at least once a month but special meetings may be
called  either by the  Chairperson  or by  at  least  seven  (7)  members  of the  Board  as
when      necessary.     Seven (7) members of the Board shall constitute a quorum and
all decisions of the     Board   shall   require   the   concurrence   of  at   least   seven   (7)
members.
SECTION  8.  Powers  and  Duties  of the  Board.  -  The  Board  shall  have  the
powers and functions specified in this Act and the usual corporate powers:


a.    Formulate, prescribe, and promulgate the implementing rules and regulations
required by     this Act;
b.   Promulgate such rules and regulations as may be necessary or proper for the
effective  exercise of the powers and functions, as well as the discharge of the
duties and responsibilities   of the Board, its officers and employees;
c.    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;
d.   Approve  the  Authority's   organizational   and   administrative   structures   and
staffingpattem,     and   to   establish,    fix,   review,   revise   and   adjust   the
appropriate compensation package of its        officers      and      employees      as
submitted by the General Manager;
e.    Design, formulate, negotiate, and implement financial or investment schemes;
f.    Enter into such contract or agreement as may be necessary for the attainment
of the purposes      and objectives of this Act;
9.   Enter into  and  execute memoranda of agreements, joint ventures,  long-term
leases and       management  contracts  with  private  sector  entities,  to  include
real estate developers or      construction   companies   with   dependable   repute
and proven track record in developing and     managing real estate ventures;
h.    Condone  or  compromise,  in  whole  or  in  part,  penalties,  interests  or  civil
liabilities imposed        on  beneficiaries   with  delinquent  accounts  who,   for
justifiablereasonsprescribedbytheBoard,   failed    to    pay    on    time    any
obligation due to the Authority;
i.     Render  annual  reports  to  the  President  and  such  special  reports  as  may  be
requested; and,
j.    Exercise  all  the  powers  necessary  or  incidental  to  the  attainment  of  the
purposes of this Act.
SECTION 9. Duties of the General Manager. - The General Manager shall be
appointed by the President and have the following powers and duties:
a.    Execute and administer the policies and resolutions approved by the Board of
Directors and          prepare its agenda;
b.   Direct  and  supervise the  operations,  management  and  internal  affairs  of the
Authority. The       General Manager may delegate certain of his administrative
responsibilities to other officers of   the  Authority,   subject  to   the  rules   and
regulations promulgated by the Board;
c.    Subject to the approval  of the Board, to  fix the number and salaries  of,  and
appoint, the    subordinate  officers   and  personnel  of  the  Authority  and  to


remove, or otherwise discipline, for         cause,  any  such  officer  or  employee
pursuant to the provisions of the civil service commission     on discipline;
d.   Represent  the  Authority  in  all  dealings  with  other  officers,  agencies,  and
instrumentalities    of the Government and with all persons and entities, public
or private, domestic or foreign;
e.    Act, in the conduct of the business of the Authority, on all matters that are not
by this Act      specifically reserved to the Board;
f.    Solely confer lot awards to the eligible beneficiaries;
9.    Have  original   and  exclusive  jurisdiction  over  cases   filed  questioning  the
propriety oflot      awards  granted  to  the  Authority's  beneficiaries;  for  this
purpose,  the  General  Manager may  create  a body  for the  investigation  and
adjudication of such cases;
h.   Within the limits of the authority delegated to him by the Board, to  execute
contracts, incur      obligations,   acquire   and   dispose   of  assets   and   deliver
documents on behalf of the Authority;
i.     To  grant permits,  licenses,  clearances or concessions in accordance with this
Act;
j.    To prepare and submit to the Department of Budget and Management budget
proposals of   all kinds; and
k.    Exercise such other powers and duties as may be vested in him by the Board.
SECTION 10. Assistant General Managers. -The General Manager shall be
assisted  by  three  (3)  Assistant  General  Managers,  who  shall  be  appointed  by  the
President of the Philippines, upon the recommendation of the General  Manager.  At
least  one  (1)  Assistant  General  Manager  shall  preferably  be  a  career  officer.  The
General Manager is further authorized to delineate and assign other functional areas
or responsibilities of the Assistant General  Manager and/or designate other deputies
of the Authority, as may be necessary.
SECTION   11.   Qualifications   and  Appointment.   -  No   person   shall   be
appointed General  Manager and Assistant General Manager of the Authority unless
he  or  she  is  a  citizen  and  resident  of the  Philippines,  of good  moral  character,  of
proven   integrity,   competence   and   expertise   in   housing,   urban   planning   and
development.
SECTION 12. Organizational Structure and Staffing Pattern. -Subject to the
approval   of  the   Governance   Commission   for   GOCCs   (GCG),   the   Board   shall
determine the Authority's organizational structure,  and create new divisions or units,
as it may deem necessary in accordance with civil service laws, rules and regulations.
Subject  to  the  approval  of the  Board,  the  General  Manager  shall  likewise
determine the rates of allowances, honoraria, and such other additional compensation


which the Authority is hereby authorized to grant to its officers, technical staff,  and
consultants, including necessary detailed personnel.
SECTION 13. Disaster and Emergency Response Housing Office. - There shall
be  a Disaster  and  Emergency Response Housing  Office under the Authority which
shall formulate plans and programs addressing the needs of displaced families due to
disasters and emergencies and shall ensure the effective and efficient implementation
of post  disaster  or  emergency  housing  programs  through  sustainable,  integrated,
multi-sectoral  and community-based approaches  and  strategies,  in coordination with
local goverrment units.
SECTION  14.  Exemption  from Taxes  and  Regulatory  Fees.  - All  laws  to  the
contrary  notwithstanding,  the  Authority,  its  assets  and  properties,  and  all  accruals
thereto and income or investment earnings there from, as well as supplies, equipment,
papers  or  documents  shall  be  exempt  from  any  tax,  assessment,  fee,  charge,  or
customs or import duty, of any kind, whether imposed by local or national entities.
The exemption includes, but is not limited to the following: income tax, real
property tax,  capital gains tax, transfer tax, value added tax, donor's tax and similar
taxes;   and  building  permit  fee,   fire  inspection  permit  fee,   ECC  fees  and  other
regulatory  fees.   Similarly,  the  Authority  shall  be  exempt  from  the  payment  of
documentary stamp tax and registration fees, including fees required for the issuance
of transfer certificates of titles.
Furthermore,  to  promote  the  policy  of  improving  housing  affordability,
projects  of the  National  Housing  Authority,  in  cooperation  with  local  government
units, the private sector and other entities, shall also enjoy the exemptions enumerated
above.
SECTION   15.  Lands  for  Authority  Projects:   Management,  Conversion  and
Classification.-  The  Authority  shall  assess  the  lands  identified  and  designated  for
Housing and Urban and Rural Development, pursuant to Section 24 of Republic Act
No.11201,  for program  or  project  feasibility.  Should  the  site  evaluation be  in  the
affirmative, said lots shall forthwith be transferred to the Authority for administration.
This shall not, however, preclude the Authority from pursuing its continuing
mandate of identifying,  acquiring and managing lands  for the immediate and future
needs of its beneficiaries.
In pursuit thereof, the Authority must consider, among others, the access to basic
services  and  utilities,  and  modes  of  transport  to  economic  opportunities  and  the
preservation of the social capital ofbeneficiaries.
Lands identified and approved by the Authority for rehabilitation projects to
be developed within areas that have been declared under a state of calamity by the
President  or  any  competent  authority,  upon  the  recommendation  of the  National
Disaster Risk Reduction and Management Council or any local disaster risk reduction
and management  council  shall be  converted  or reclassified,  in order to  facilitate  its
immediate  development.   For  purposes  of  site  selection  under  this  modality,  the
Authority  shall  be  guided  by  the  hierarchy  of priorities  in  the  acquisition  of land,


under Section 9 of RA 7279, and ensure that protected lands, under special laws, such
as RA 8371, RA 8435, RA 6657,  and other agrarian reform laws,  shall be preserved
for equally important land uses.
The Authority,  in  coordination with the Department of Human  Settlements
and   Urban   Development    (DHSUD),    the    Department    of   Interior   and    Local
Government   (DILG),   the   Department   of  Agriculture   (DA),   the   Department   of
Agrarian  Reform  (DAR),  the  Department  of  Environment  and  Natural  Resources
(DENR)  and  the  National  Commission  on  Indigenous  Peoples  (NCIP)  to  craft  the
rules and regulations necessary to implement this provision within  180 days after the
approval of the Act.
SECTION   16.   Management   or  Disposition   of  Completed   Projects.   -  The
Authority  shall  determine,  establish,  and  maintain  the  most  feasible  and  effective
program  for  the  management  or  disposition  of  specific  housing  or  resettlement
projects.
SECTION   17.   Management   or  Disposition   of  Completed   Projects.   -  The
Authority  shall  determine,  establish,  and  maintain  the  most  feasible  and  effective
program  for  the  management  or  disposition  of  specific  housing  or  resettlement
projects.
Unless  otherwise decided by the  Board,  completed housing  or resettlement
projects shall be managed and administered by the Authority until it has/ they have
been turned over to  the local  goverrment unit  concerned  or other public  or private
entity concerned, as the case may be.
SECTION  18.  Reports.  -  The  Authority  shall  submit  an  annual  report  to  the
Office of the President, copy furnished to the Department of Human Settlements and
Urban    Development,    indicating,    among    others,    the    housing    program   being
implemented, the stage of implementation, and the financial position of the Authority.
It shall likewise submit such periodic or other reports as may be required from time to
time.
SECTION  19.  Audit.  ~ The  Chairperson  of the  Commission  on  Audit  (COA)
shall act as the ex officio auditor of the Authority, and accordingly, is empowered to
appoint  a  representative  and  other  subordinate  personnel  to  perform  and  report  on
such  audit  duties,  who  shall  be  responsible  to  and  removable  only  by  the  COA
Chaiaperson,  without prejudice, however, to the power of the Board of Directors to
contract for another mode of independent audit service, in addition to that provided by
COA as provided for under PD  1445, otherwise known as the Government Auditing
Code of the Philippines.
SECTION  20.  Implementing Rules  and  Regulations.  -The  implementing rules
and regulations to effectively carry out the provisions of this Act shall be adopted and
promulgated by the  Board  of Directors  of the Authority,  not  later than  ninety (90)
days after the effectivity of this Act.


The Departments, charged with crafting the implementing rules and regulations to
effectively carry out Section 14 hereof, are given thirty (30) days after the effectivity
of the Act to issue the same.
SECTION 21.    Applicability of the Revised corporation Law. -The provisions
of the  Revised  Corporation  Code,  in  so  far  as  they  are  not  inconsistent  with  the
provisions and policies provided in this Act, shall be applicable to the Authority.
SECTION 22.     Separability Clause. -If any provision of this Act is declared to
be  unconstitutional  or  invalid,  the  remaining  provisions  not  affected  thereby  shall
continue to be in full force and effect.
SECTION. 23.   Repealing Clause. - All other laws, decrees, executive orders, or
rules and regulations or parts thereof inconsistent or contrary to the provisions of this
Act or its purposes are    hereby amended or modified accordingly.
SECTION 24.    Effectivity Clause. -This Act shall take effect fifteen (15) days
after its publication in the Official Gazette or in a newspaper of general circulation.