Section 9Sec./Art. 9

Composition of the Micro, Small and Medium Enterprises Development (MSMED) Council. The members of the Council shall be the following:

(a) The Secretary of Trade and Industry as Chair;

(b) The Secretary of Agriculture;

(c) The Secretary of the Interior and Local Government;

(d) Three (3) representatives from the MSME sector to represent Luzon, Visayas and Mindanao with at least one (1) representative from the microenterprise sector;

(e) One (1) representative from the .women sector designated by the Philippine Commission on Women;

(f) One (1) representative from the youth sector designated by the National Youth Commission; and

(g) The Chairman of Small Business Corporation.

A. Advisory Unit. There shall be an Advisory Unit to the Council, which shall consist of the following:

(a) The Secretary of Science and Technology;

(b) The Governor of the Bangko Sentral ng Pilipinas;

(c) The President of the Land Bank of the Philippines;

(d) The President of the Development Bank of the Philippines;

(e) The Director General of the National Economic and Development Authority;

(f) One (1) representative from the labor sector, to be nominated by accredited labor groups;

(g) A representative from the private banking sector to serve alternatively between the chamber of thrift banks, and the Rural Bankers Association of the Philippines (RBAP);

(h) A representative of the microfinance nongovernment organizations (NGOs);

(i) A representative of the University of the Philippines-Institute for Small Scale Industries (UP-ISSI); and

(j) The President of the Credit Information Corporation.

The MSMED Council may consult the Advisory Unit in its regular meetings and other activities of the Council. However, no voting rights shall be granted to the members of the Advisory Unit.