Section 6Sec./Art. 6

Section 14 of Republic Act No. 9728 is hereby amended to read as follows:

"Sec. 14. Board of Directors of the FAB. The powers of the AFAB shall be vested in and exercised by a Board of Directors, hereinafter referred to as the Board, which shall be composed of the following:

"(a) The chairman and the vice chairman, both of whom shall be elected from among the members of the Board;

"(b) The administrator, who shall in no case be, at the same time, the chairman or vice chairman;

"(c) Members consisting of:

"(1) Two (2) representatives from the National Government;

"(2) One (1) representative from the Province of Bataan;

"(3) One (1) representative from the district covering the site of the FAB;

"(4) One (1) representative from the Municipality of Mariveles, Province of Bataan;

"(5) One (1) representative from the AFAB-registered domestic investors;

"(6) One (1) representative from the AFAB-registered foreign investors; and

"(7) One (1) representative from the workers working in the FAB:

"Provided, That all members of the Board shall be Filipino citizens.

"The administrator and the members of the Board, shall be appointed by the President of the Philippines to serve for a term of six (6) years, unless sooner separated from service due to death, voluntary resignation or removal for cause. In case of death, resignation or removal for cause, the replacement shall serve only the unused portion of the term.

"No person shall be appointed by the President of the Philippines as a member of the Board unless he is a Filipino citizen, of good moral character, of proven probity and integrity, and a degree holder in any of the following fields: economics, business, public administration, law, management or their equivalent, and with at least ten (10) years relevant working experience preferably from the field of management or public administration.

"The members of the Board shall each receive per diem at rates to be determined by the Department of Budget and Management (DBM) in accordance with existing rules and regulations: Provided, however, That the total per diem collected each month shall not exceed the equivalent per diem for four (4) meetings."