WHEREAS, Executive Order No. 108 created the Central Visayas Water and Sanitation Project-Project Management Unit (CVWSP-PMU) as the coordinating arm of the Central Visayas Regional Development Council in the implementation of the Australian Agency for International Development (AusAID)-assisted Central Visayas Water and Sanitation Project;

WHEREAS, the CVWSP-PMU shall operate from the date of effectivity of the Executive Order No. July 12, 1993 to the project completion date of April 30, 1996 as prescribed in the Memorandum of Understanding signed between the respective governments of the Republic of the Philippines and Australia relative to the CVWSP;

WHEREAS, a one year extension is required to complete all projects under the CVWSP;

WHEREAS, the Government of Australia has agreed to extend its funding support to CVWSP to April 30, 1997;

WHEREAS, the Central Visayas Regional Development Council has also approved the proposal to extend for one year, including a six month winding-up period, the CVWSP-PMU until the completion of ongoing projects;

NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby order:

SECTION 1. The term of the Central Visayas Water and Sanitation Project-Project Management Unit (CVWSP-PMU) is hereby extended to December 31, 1997 to allow the completion of projects under CVWSP.

SEC. 2. Subject to such coordinative, directorial, management and budgetary guidelines/issuances as may be promulgated by the Central Visayas Regional Development Council, the CVWSP-PMU and its Project Governing Committee shall continue to operate and perform its mandated tasks, functions and responsibilities in accordance with applicable provisions of Executive Order No. 108.

SEC. 3. This Executive Order shall take effect immediately.

DONE in the City of Manila, this 17th day of April in the year of Our Lord, Nineteen Hundred and Ninety-Six.

(Sgd.) FIDEL V. RAMOS
President of the Philippines

By the President:

(Sgd.) RUBEN D. TORRES
Executive Secretary