FOURTEENTH CONGRESS OF THE 
) 
REPUBLIC OF THE PHILIPPINES 
) 
Third Regular Session 
) 
F 
SENATE 
S. No. 3459 
Introduced by Senator Richa~d J. Gordon 
EXPLANATORY NOTE 
The Clark Development Corporation (CDC) was created under the provisions 
of Republic Act No. 7227 of the Bases Conversion· Development Act of 1992 to be the 
implementing arm of the Bases Conversion Development Authority (BCDA) for the 
Clark Special Economic Zone, tasked with accelerating the sound and balanced 
conversion of the Clark military reservations and its contiguous extensions into 
alternative productive civilian uses. The ultimate objective of the law was to promote 
the economic and social development of Central Luzon in particular and the country in 
general. 
Pursuant to the mandate of the law, the President in 1993 issued Executive 
Order No. 80 creating the CDC and laying down its powers and functions. The 
proclamation however failed to prescribe term limits for officials of the CDC. 
It is a policy of efficient public administration that public officials be trained and 
equipped with the knowledge, skills and attitude to allow them to perform excellently in 
their specific field of public service. Imposing a fixed term for public officials leads to 
the long-term development of certain organizational capabilities and competencies 
critical to public service. 
Public office is a public trust, and upon this principle, all public officials are 
entrusted with the mandate of serving the people with utmost competence and 
dedication. For these reasons, passage of this bill is earnestly sought. 
Senator 


FOURTEENTH CONGRESS OF THE 
) 
REPUBLIC OF THE PHILIPPINES 
) 
Third Regular Session 
) 
SENATE 
S. No. 
3459 
Introduced by Senator Richard J. Gordon  
AN ACT  
PRESCRIBING FIXED TERMS FOR MEMBERS OF THE BOARD OF DIRECTORS  
OF THE CLARK DEVELOPMENT CORPORATION  
Be it enacted by the Senate and the House of Representatives of the Philippines in 
Congress assembled: 
1 
SECTION 1. Term of Office; Board of Directors. -Any provision of law to the contrary 
2 
notwithstanding, the powers of the Clark Development Corporation (CDC) shall be vested in 
3 
and exercised by a Board of Directors ("Board") which shall be composed of eleven (11) 
4 
members each of whom shall be a stockholder of the CDC. Provided that, The composition 
5 
of the CDC Board shall be subject to the provisions of Section 15 of Republic Act No. 7227 
6 
or the Bases Conversion and Development Act of 1992. 
7 
The members of the Board representing the ~quity or capital stock in CDC of the 
8 
Bases and Conversion Development Authority (BCDA) and other national government 
9 
agencies shall be nominated by the President of the Philippines to serve for aterm of six (6) 
10 
years, unless sooner removed for cause, except that any person appointed to fill a vacancy 
11 
shall serve only for the unexpired term of the member whom he/she succeeds. 
12 
No person shall be nominated as a member of the Board representing national 
. 
13 
government capital stocks in CDC unless he/she is a Filipino citizen, of good moral 
14 
character, and of recognized competence in relevant fields including but not limited to 
15 
economics, management, international relations, law or engineering. Preference in the 
16 
designation of the members of the Board shall be given to residents within the local 
17 
government units that concur to join the Clark Special Economic Zone. 
18 
Sec. 2. Repealing Clause. - All laws, orders, proclamations, rules and regulations, 
19 
or part thereof, which are inconsistent with any provision of this Act are hereby repealed or 
20 
modified accordingly. 
2 


1 
Sec. 3. Effectivity. - This Act shall take effect fifteen (15) days following its 
2 
publication in the Official Gazette or in at least two (2) newspapers of general circulation. 
3 
Approved, 
4 
3