RE-ESTABLISHING THE CLARK INTERNATIONAL AIRPORT CORPORATION AS A SUBSIDIARY OF THE BASES CONVERSION DEVELOPMENT AUTHORITY

AUTHORIZING THE ESTABLISHMENT OF THE CLARK INTERNATIONAL AIRPORT CORPORATION TO OPERATE AND MANAGE THE CLARK AVIATION COMPLEX

ESTABLISHING THE CLARK INTERNATIONAL AIRPORT CORPORATION AS A SUBSIDIARY OF THE CLARK DEVELOPMENT CORPORATION AND REPEALING EXECUTIVE ORDER NO. 186 FOR THIS PURPOSE

DIRECTING ALL HEADS OF DEPARTMENTS, BUREAUS, OFFICES, AGENCIES AND INSTRUMENTALITIES OF THE GOVERNMENT TO SUPPORT THE POWER INFRASTRUCTURE REQUIREMENTS OF CLARK FREEPORT ZONE AND SUPPORT THE INVESTMENT OF TEXAS INSTRUMENTS IN CLARK TEXAS INSTRUMENT SPECIAL ECONOMIC ZONE AND BAGUIO CITY ECONOMIC ZONE

AN ACT ENHANCING TRANSPARENCY IN THE MANAGEMENT AND ACCOUNTING OF TAX INCENTIVES ADMINISTERED BY INVESTMENT PROMOTION AGENCIES.