Section 15Sec./Art. 15

Board of Directors of the Aurora Special Economic Zone Authority. - The powers of the Aurora Special Economic Zone Authority shall be vested in and exercised by a Board of Directors, hereinafter referred to as the Board, which shall be composed of the following;

(a) The Chairman who shall, at the same time be the administrator of the ASEZA;

(b) A Vice Chairman who shall come from among the members of the Board;

(c) Members consisting of:

(1) The Governor of the Province of Aurora;

(2) The Congressional Representative of the district covering the site of the Aurora Ecozone;

(3) The mayor of the Municipality of Casiguran, Province of Aurora;

(4) One representative from the domestic investors;

(5) One representative from the foreign investors; and

(6) Two representatives from the workers working in the Aurora Ecozone.

The Governor, the Congressional Representative and the mayor of the Municipality of Casiguran, Province of Aurora shall serve as ex officio members of the Board, whose term in the Board corresponds to their terms as elected officials.

The Chairman and the members of the Board, except the ex officio members, shall be appointed by the President of the Philippines to serve for a term of six (6) years, unless sooner separated from service due to death, voluntary resignation or removal for cause. In case of death, resignation or removal for cause, the replacement shall serve only the unexpired portion of the term.

Except for the representatives of the business and labor sectors, no person shall be appointed by the President of the Philippines as a member of the Board unless he is a Filipino citizen, of good moral character, of proven probity and integrity, and a degree-holder in any of the following fields: economics, business, public administration, law, management or their equivalent, and with at least ten (10) years relevant working experience preferably in the field of management or public administration.

The members of the Board shall each receive per diem at a rate to be determined by the Department of Budget and Management in accordance with existing rules and regulations: Provided, however, That the total per diem collected each month shall not exceed the equivalent per diem for four (4) meetings. Unless and until the President of the Philippines has fixed a higher per diem for the members of the Board, such per diem shall not be more than Ten thousand pesos (P10,000.00) for every Board meeting.