11 SEC. 19. Record of Transaction,The Commission shall keep proper accounts and records of all its transactions and affairs, and shall exert all efforts to ensure that all payments made out of its moneys are correctly made and properly authorized, and that adequate control is maintained over the assets of, or in the custody of, the Commission and the expenditures it may incur. The Commission shall be subject to audit by COA. SEC. 20. Civil Service Law Coverage for Employees. The hiring, appointment, employment, promotion, disciplinary control, separation, and other terms and conditions of the service of all employees of the Commission and such other matter affecting its employees shall be consistent with the provisions of the Civil Service Law, rules and regulations. SEC. 21. GSlS Coverage fur ��mployees. All employees of the Commission shall be deemed members of the Government Service Insurance System and shall enjoy all the benefits of said System. SEC. 22. Transitory Provisions. Upon the creation of the Commission, the OMA shall cease to operate. All the powers, functions, assets, liabilities, capital, accounts, contracts, equipment, and facilities of the OMA which are owned by the government, shall be transferred to the Commission. During the transition period which begins upon approval of this Act, the President may appoint the incumbent Executive Director of the OMA as Acting Chairman of the Commission until the Chairman of the Commission shall have been appointed. All regular or permanent employees may be absorbed or transferred to the Commission, provided they possess the necessary qualifications, and shall not suffer any loss of seniority or rank or decrease in emoluments. Employees separated and/or phased-out from the service as a result of the abolition of the OMA under the provision of this Act, shall within three (3) months from their separation and/or phase-out from the service, receive a separation pay in accordance with existing laws, rules and regulations. I n addition, those who are qualified to retire shall be allowed to retire and be entitled to all benefits provided under any of the existing retirement laws. The fund of the Commission maybe used to fund this purpose. The Chairman shall recommend to the Commission a work program that shall include the organizational plan and structure, staffing pattern and compensation plan, budget, programs, projects, activities of the Commission within ninety (90) days from