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Transitory Provision. - the Philippine Dairy Corporation is hereby abolished. the dairy functions of the livestock Development Council, the Dairy Division of the Bureau of Animal Industry and the Livelihood Corporation's Laguna Processing Center are hereby transferred to the Authority.
The personnel, assets, funds held, grants, subsidies and records of the abolished agencies as well as those of the Livestock Development Council, the Dairy Division of the Bureau of Animal Industry and the Laguna Processing Center are hereby transferred to the Authority.
The Secretary of Agriculture shall designate an officer-in-charge pending the appointment of the administrator by the President of the Philippines.
Incumbent officials and employees of the affected offices shall continue to exercise their respective functions, duties and responsibilities, with the corresponding benefits and privileges unless and until otherwise ordered by the Board.
The new position structure and staffing pattern of the Authority shall be approved and prescribed by the Board within ninety (90) days from the effectivity of this Act within guidelines set by existing civil service and other laws, rules and regulations on the matter. Those separated from the service shall receive the retirement benefits to which they may be entitled under existing laws, rules and regulations. Otherwise, they shall be paid the equivalent of one (1) month's salary for every year of service or a fraction thereof, computed on the basis of the highest salary received, but in no case shall such exceed the equivalent of twelve (12) months' salary.
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