Section 8Sec./Art. 8

Powers and Functions. - The Governing Board shall have the following powers and functions:

a. assume responsibility for carrying out and implementing the policies, purposes and objectives provided for in this Act;

b. formulate plans and programs as well as operational policies and guidelines for undertaking activities relative to promoting book development, production and distribution as well as an incentive scheme for individual authors and writers;

c. formulate policies, guidelines and mechanisms to ensure that editors, compilers and especially authors are paid justly and promptly royalties due them for reproduction of their works in any form and number and for whatever purpose;

d. conduct or contract research on the book publishing industry, including monitoring, compiling and providing data and information on book production;

e. provide a forum for interaction among private publishers, and, for the purpose, establish and maintain liaison with all the segments of the book publishing industry;

f. ask the appropriate government authority to ensure effective implementation of the National Book Development Plan;

g. promulgate rules and regulations for the implementation of this Act in consultation with other agencies concerned, except for Section 9 hereof on incentives for book development, which shall be the concern of appropriate agencies involved;

h. approve, with the concurrence of the Department of Budget and Management (DBM), the annual and supplemental budgets submitted to it by the Executive Director;

i. own, lease, mortgage, encumber or otherwise real and personal property for the attainment of its purposes and objectives;

j. enter into any obligation or contract essential to the proper administration of its affairs, the conduct of its operations or the accomplishment of its purposes and objectives;

k. receive donations, grants, legacies, devices and similar acquisitions which shall form a trust fund of the Board to accomplish its development plans on book publishing;

l. import books or raw materials used in book publishing which are exempt from all taxes, customs duties and other charges in behalf of persons and enterprises engaged in book publishing and its related activities duly registered with the Board;

m. promulgate rules and regulations governing the manner in which the general affairs of the Board are to be exercised and amend, repeal, and modify such rules and regulations whenever necessary;

n. recommend to the President of the Philippines nominees for the positions of the Executive Officer and Deputy Executive Officer of the Board;

o. adopt rules and procedures and fix the time and place for holding meetings: Provided, That at least one (1) regular meeting shall be held monthly;

p. conduct studies, seminars, workshops, lectures, conferences, exhibits, and other related activities on book development such as indigenous authorship, intellectual property rights, use of alternative materials for printing, distribution and others; and

q. Exercise such other powers and perform such other duties as may be required by law.