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    50 views17 pages

    NHA Manual On Corporate Governance-2015

    Uploaded by

    Karla Katigbak
    Guidelines

    Copyright:

    © All Rights Reserved
    Download as PDF or read online from Scribd
    Flag for inappropriate content
    Download as pdf
    of 17
    e C eg ST | GOVERNANCE COMMISSION a : Doreen Mei cae a Fag risit A cro | Gites ove 8741 Pasa Oe Ress, ta hy. Pipes 128 t of ai aay] WE RECEIVED | HON. CHITO M. CRUZ General Manager NATIONAL HOUSING AUTHORITY (NHA) (Quezon Memorial Elliptical Road Diliman, Quezon City 1100 Re: NHA MANUAL ON CORPORATE GOVERNANCE Dear GM Cruz, Formally contained in this letter is the Governance Commission's evaluation of the MANUAL ON CORPORATE GOVERNANCE OF THE NATIONAL HOUSING AUTHORITY (NHA), ‘submitied to the Governance Commission in the letter dated 27 January 2015." Also submitted with the letter is a copy of NHA Board Resolution No, 5868 dated 17 December 2014 approving the amendments to the Manual, as recommended by the GCG. We note that in the Manual of Corporate Governance, NHA adopted the following directives from the Governance Commission as contained in our letter dated 18 August 2014 to: 1. Revise the section on Formal Recognition of Stakeholders by providing for more precise elaborations of the obligations mandated under Section 36 of GCG Memorandum Circular (M.C.) No. 2012-07; and 2. Revise the section on the Annual Performance Evaluation of the Board by incorporating GCG M.C. No, 2014-03 The Governance “Cor Corporate Governance as Memorandum Circular Ne [PBB)) and. GCG Memorandum Based incentives [PBI). eby accepts the submitted revised Manual of fi compliance wi} the Good Governance Conditions under GCG 5. .ed) (2013 Interim Performance-Based Bonus Teular No, 2013-06 (Re-lssued) (Interim Performance- FoR YOUR INFORMATION AND GUIDANCE. Very truly yours, By AUTHORITY OF THE COMMISSION Chairman m pains icnacio RAINIER B. BUTALID Cdmmissioner Commissioner MANUAL ON CORPORATE GOVERNANCE OF THE NATIONAL HOUSING AUTHORITY {Subject to the Approval of the Govemance Commission for GOCCs) Pursuant to GCG Memorandum Circulars Nos. 2012-05, 2012-06 and 2012-07, National Housing Authority (HA) hereby ADOPTS, PROMULGATES and IMPLEMENTS this Manual of Corporate Govemance for NHA, a8 set forth below : DEFINITION OF TERMS Section 1. Definition of Terms - As used in this Manual, the following terms shall have the following meanings: ‘» NHA Charter~ refers to Presidential Decree No. 757, promulgated on 31 July 1978. + National Housing Authority (NHA) - the sole government corporation engaged in direct shelter production and provision of housing assistance to the lowest 30% of urban income eamers through sium upgrading, squatter relocation, development of sites and services and construction of core-housing units." ++ Board of Directors (Board) - refers to the collegial body that exercises the corporate powers, conducts all business and controls or holds all properties of NHA. ‘+ Coordinating Council - refers to the Housing and Urban Development Coordinating Council (HUDCC), which is charged with the main function of coordinating the activities of the government housing agencies to ensure the accomplishment of the National Shelter Program.* « General Manager - appointed by the President of the Philippines and acts as the Chief Executive Officer of NHA. He shall serve on a fulltime basis, possess managerial ability and must be a recognized authority on housing and/or related fields.” ‘= Management - refers to the body given the authority to implement the policies determined by the ‘Board of Directors in directing the course of NHA.* * Officers - refer to Board Officers and Executive Officers of the National Housing Authority.* + GOCE Act - refers to Republic Act No. 10149, otherwise known as the "GOCC Governance Act of 2011". * GCG - refers to the Governance Commission for GOCCs® + Supervising Agency - refers to the HUDCC to which NHA is attached to for purposes of policy and program coordination and for general supervision.” ‘= Public Officials or Public Officers - refer to elective and appointive officials and employees, whether classified as permanent or temporary status, whether in the career or non-career service, whether or not they receive compensation, regardless of amount, who are in the National Government or in other instrumenialties, agencies or branches of the Republic of the, Philippines, including NHA and other government-owned or controlled corporations, and their subsidiaries.” * Reimbursable Representation Expenses (RRE) - refer to reimbursable representation expenses, Incurred for offcial business by the Chairman and Members of the Board which are supported by official * Section 1 (a), Executive Order No, 90, 17 December 1986) *Section 3, 0. No. 90 * Section 7, par2, P.0. No. 757 4 Section 1, 6CG-MC No. 2012-07 ig SGcG-MC No. 2012-07 7 Section 1, id ia + Reimbursable Representation Expenses (RRE) - refer to reimbursable representation expenses incurred for official business by the Chairman and Members of the Board which are supported by official Teceipisinvoices and a certification thal the expenses were incurred for oficial business in their capacity aa Chairman and Members of the Board of NHA.® ‘+ Housing Program - a comprehensive and integrated program consisting of housing development and resettlement, sources and schemes of financing and delineation of government and private sector prcipation. " + Fit and Proper Rule - refers to a set of standards for determining whether a member of the Board of Directors or the General Manager is fit and proper to hold a position in NHA which shall include, but not be limited to, standards on integrity, experience, education, training and competence, as such standards set by the GCG." + Extraordinary Diligence - refers to the measure of care and diligence that must be exercised by the Directors and Officers in discharging their functions, in conducting. business and dealing with the properties, land monies of NHA, which is deemed met when Directors and Officers act using the utmost diligence of a very cautious person taking into serious consideration all the prevailing circumstances and Material Facts,

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