Pursuant to Section 16 of RA 7586 and in order to facilitate the administration of funds generated by the Ninoy Aquino Parks and Wildlife Nature Center (NAPWNC) and Hinulugang Taktak National Park (HTNP) which are directly under the management of Protected Areas and Wildlife Bureau per Executive Order No. 192 dated June 10, 1987 and R.A. 6964 dated September 18, 1990, Section 61 of DAO No. 25, series of 1992, is hereby amended to read as follows:

œSECTION 61. Fund Administration - An IPAF Governing Board shall be established to administer the Fund and to decide on fund allocation among the protected areas. This shall include the creation of subfunds or accounts for: (i) each protected area to receive revenues generated by that area or contributions specified for that area; and (ii) contributions or other funds specified for a particular activity that may involve more than one area. Allocations for any protected area shall be managed by its respective PAMB subject to guidelines established by the Board, except the Ninoy Aquino Parks and Wildlife Nature Center and Hinulugang Taktak National Park. Provided, that at least seventy-five percent of the revenues generated by a protected area shall be retained for the development and maintenance of that area and utilized subject to the IPAF Board guidelines cited above, with the balance being remitted to the Central IPAF Fund.

Pending the actual creation of the Board, the NIPAS Policy and Program Steering Committee shall provide the: (i) guidelines for the establishment of a Trust or Endowment Fund which shall be prepared in consultation with pertinent government agencies, and (ii) the allocation criteria and the expense outlays for which the Fund may be appropriately used. In such deliberations, the views of pertinent NGOs shall be taken and considered.

Provided, further, that all income which shall be generated from the operations of NAPWNC and HTNP shall be managed by the Protected Areas and Wildlife Bureau subject to the approved Work and Financial Plan by the DENR Secretary or his authorized representative. œ

This Order supersedes all orders and instructions inconsistent herewith and shall take effect immediately.

Adopted: 15 Oct. 1996

(SGD.) VICTOR O. RAMOS
Secretary

Recommending Approval:

(SGD.) DELFIN J. GANAPIN, JR.
Undersecretary for Environment and Programs Development