Section 11Sec./Art. 11

Price Coordinating Council. There is hereby created a Price Coordinating Council, hereinafter referred to as the Council, to be composed of the following members:

1. The Secretary of Trade and Industry, as Chairman;

2. The Secretary of Agriculture;

3. The Secretary of Health;

4. The Secretary of Environment and Natural Resources;

5. The Secretary of Local Government;

6. The Secretary of Transportation and Communications;

7. The Secretary of Justice;

8. The Director General of the National Economic and Development Authority;

9. One (1) representative from the consumers' sector;

10. One (1) representative from the agricultural producers' sector;

11. One (1) representative from the trading sector; and

12. One (1) representative from the manufacturers' sector.

The sectoral representatives of the Price Coordinating Council shall be appointed by the President for a term of one (1) year, without prejudice to reappointment for another term.

The Council shall meet every quarter and whenever the President or the Chairman shall convene the same. Each member shall receive reasonable reimbursements for transportation.

Members from the government sector may designate their representative to the Council.

The Department of Trade and Industry shall provide the secretariat to the Council from its existing organizational structure.