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Expanded regulatory power of GCG pushed
The Philippine Star
|September 17, 2024
The Governance Commission on GOCCS (GCG) is expected to expand its regulatory powers once the 13-year-old law surrounding its mandate is amended.
Parañaque Rep. Edwin Olivarez recently filed House Bill 10814 that would effectively amend the GOCC Governance Act of 2011.
The bill will strengthen the regulatory power of the GCG by granting it the authority to issue subpoenas and cite persons in contempt for violation or non-compliance with the lawful orders of the GCG.
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