Boracay Inter-Agency Rehabilitation Management Group General Manager Natividad Y. Bernardino said the BIATF’s version of the bill makes the BIDA a regulatory body while the local government retains its taxing authority. “BIDA will not be a government owned and controlled corporation akin to the Subic Bay Metropolitan Authority,” Ms. Bernardino said.

Ochave, R. M. D. (2020, July 31 - August 1). Not a GOCC. BusinessWorld, S1/10.