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Compensation of Chairman and the Board Members. -The chairman and members of the Board shall receive a monthly compensation of no less than Twelve thousand pesos (P12,000.00) Provided, That the chairman shall receive a monthly compensation of ten percent (10%) more: Provided, further, That such compensation shall be increased or modified pursuant to the General Appropriations Act of the year: Provided, furthermore, That they shall receive other benefits that may be provided for by law.
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