Appropriations Law for the respective offices from savings in other items of their respective appropriations. (7) Discretionary Funds – Discretionary funds appropriated for particular officials shall be disbursed only for public purposes as evidenced by appropriate vouchers and subject to such guidelines as prescribed by law enacted by the Regional Assembly. Chapter 4 Property, Facilities and Equipment Management SEC. 18. Property Ownership. - The land, permanent buildings or structures, facilities and equipment owned, controlled, administered, or in the possession of the Autonomous Regional Government, including those transferred and formerly owned, held, administered, or controlled by the defunct autonomous governments in Regions IX and XII and the properties and assets of offices devolved to the ARMM shall remain the property of the Autonomous Regional Government. As much as practicable, these properties shall be saved, retained, developed and managed in pursuit to an effective and efficient delivery of services and governance. SEC. 19. Disposition of Real Properties located outside ARMM. - In the event the Autonomous Regional Government decides to dispose the real properties owned, controlled and administered by the Autonomous Regional Government located outside the ARMM, these properties shall be disposed in accordance with existing pertinent laws, rules and regulations of the Autonomous Regional Government. TITLE XXIV ARMM GOVERNMENT OWNED AND CONTROLLED CORPORATION (ARMM-GOCC) Chapter 1 Regional Ports and Management Authority (RPMA) SECTION 1. Declaration of Policy. - It is the declared policy of the Autonomous Regional Government to integrate with the National Port System the management, operation, financing, planning and construction of Ports or Port District under its territorial jurisdiction in order to foster the development, growth and promotion of domestic and foreign seaborne trade and commerce in the Autonomous Region in Muslim Mindanao. SEC. 2. Mandate. - The Regional Ports Management Authority shall manage, administer and operate all ports under its jurisdiction in the Autonomous Region in Muslim Mindanao consistent with national and global safety, security and productivity standards towards the delivery of reliable and competitive maritime services, increased port demand and utilization and attainment of sustainable financial viability in consonance with the following objectives:(;) 221

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