![]() (c) establish a human resource management system which shall govern the selection, hiring, appointment, transfer, promotion, or dismissal of all personnel. ![]() Exercise of Authority - In the exercise of its authority, the Monetary Board shall: 7653, on the ground that it is unconstitutional.Īrticle II, Section 15(c) of R.A. 7653, petitioner Central Bank (now BSP) Employees Association, Inc., filed a petition for prohibition against BSP and the Executive Secretary of the Office of the President, to restrain respondents from further implementing the last proviso in Section 15(c), Article II of R.A. On June 8, 2001, almost eight years after the effectivity of R.A. It abolished the old Central Bank of the Philippines, and created a new BSP. 7653 (the New Central Bank Act) took effect. 7653, constitutes invidious discrimination on the 2,994 rank-and-file employees of the Bangko Sentral ng Pilipinas (BSP). BANGKO SENTRAL NG PILIPINAS and the EXECUTIVE SECRETARY, Respondents.Ĭan a provision of law, initially valid, become subsequently unconstitutional, on the ground that its continued operation would violate the equal protection of the law? We hold that with the passage of the subsequent laws amending the charter of seven (7) other governmental financial institutions (GFIs), the continued operation of the last proviso of Section 15(c), Article II of Republic Act (R.A.) No. Home > ChanRobles Virtual Law Library > Philippine Supreme Court Jurisprudence >ĬENTRAL BANK (now Bangko Sentral ng Pilipinas) EMPLOYEES ASSOCIATION, INC., Petitioner, v.
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