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Designation of the Bureau of Small and Medium Business Development as Council Secretariat. — The Bureau of Small and Medium Business Development of the Department of Trade and Industry, in addition to its current activities and functions, is hereby designated to act as the Council Secretariat. The Secretariat shall have the following duties and functions:
(1) to prepare, in coordination with local government units and/or associations of local government officials, and recommend annual as well as medium-term small and medium enterprise development plans for approval of the Council;
(2) to coordinate the preparation of position papers and background materials for discussion or approval during Council meetings;
(3) to assist the Council in coordinating and monitoring small and medium enterprise policies and programs and activities of all government agencies with respect to small and medium enterprises;
(4) to repair, collate and integrate all inputs to the Council's yearly report on the status of small and medium enterprises in the country;
(5) to submit periodic reports to the Council on the progress and accomplishment of its work programs; and
(6) to perform ad\\hoc functions as authorized by the Council.
CHAPTER III
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