AN ACT AMENDING REPUBLIC ACT NO. 9490, OTHERWISE KNOWN AS THE "AURORA SPECIAL ECONOMIC ZONE ACT OF 2007"

Fourteenth Congress

Third Regular Session

Begun and held in Metro Manila, on Monday, the twenty-seventh day of July, two thousand nine.

REPUBLIC ACT NO. 10083

AN ACT AMENDING REPUBLIC ACT NO. 9490, OTHERWISE KNOWN AS THE "AURORA SPECIAL ECONOMIC ZONE ACT OF 2007"

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

Section 1. Section 1 of Republic Act No. 9490 is hereby amended to read as follows:

Section 2. Section 3 of Republic Act No. 9490 is hereby amended to read as follows:

APECO PARCEL 2

Section 3. Section 4 of Republic Act No. 9490 is hereby amended to read as follows:

Section 4. Section 5(C) and (K) of Republic Act No. 9490 is hereby amended to read as follows:

Section 5. Section 7 of Republic Act No. 9490 is hereby amended to read as follows:

Section 6. Section 12 of Republic Act No. 9490 is hereby amended to read as follows:

Section 7. Two (2) new sections, Sections 12-A and 12-B, shall be inserted and read as follows:

Section 8. Section 15 of Republic Act No. 9490 is hereby amended to read as follows:

Section 9. Section 16 of Republic Act No. 9490 is hereby amended to read as follows:

Section 10. Section 17 of Republic Act No. 9490 is hereby amended to read as follows:

Section 11. A new section, Section 17-A, shall be inserted and read as follows:

Section 12. All provisions in Republic Act No. 9490 pertaining to the Aurora Special Economic Zone shall be amended to refer to the APECO.

In addition, all provisions in Republic Act No. 9490 pertaining to the Aurora Special Economic Zone Authority (ASEZA) shall be amended to refer to the APECO.

Section 13. The government shall not make capital contributions to the APECO from the date of the approval of this Act until the 31 of December 2010 without prejudice to any sums which may have appropriated to the APECO prior to the approval of this Act.

Section 14. Repealing Clause. - Any provision of existing laws, rules, decrees and executive orders inconsistent with the provisions of this Act are hereby repealed and modified accordingly.

Section 15. Separability Clause. - Any portion or provision of this Act that may be declared unconstitutional shall not have the effect of nullifying other portions or provisions hereof as such remaining provisions can still subsist and be given effect.

Section 16. Effectivity Clause. - This Act shall take effect fifteen (15) days after its complete and full publication in the Official Gazette or in at least two (2) newspapers of general circulation, whichever comes first.

Approved,

This Act which is a consolidation of Senate Bill No. 3470 and House Bill No. 6213 was finally passed by the Senate and the House of Representatives on January 27, 2010 and February 1, 2010, respectively.

Approved:

GLORIA MACAPAGAL-ARROYO
President of the Philippines

Lapsed into law on APR 22 2010 without the signature of the President, in accordance with Article VI, Section 27 (1) of the Constitution.