formulation and implementation of the Annual Regional Budget to ensure that funds from the national and local sources are utilized properly and Autonomous Regional Government operations are conducted effectively, economically and efficiently. SEC. 13. Powers and Functions. - RBMO has the following powers and functions: (1) Initiate the preparation of the Regional Budget of ARMM; (2) Provide technical assistance to agencies and offices on matters relative to budgeting, compensation policies and salary administration, and management analysis; (3) Develop regional budgeting system and recommend policies for executive issuances and for regional legislation; (4) Evaluate the organizational structure, personnel and equipment requirements of the agencies and offices; (5) Coordinate with all regional line agencies, offices, and local government units within the Autonomous Region regarding various budgetary activities; (6) Establish linkages with the Department of Budget and Management and other government instrumentalities to keep abreast of national policies affecting the ARMM in order to strengthen the fiscal position of the region; (7) Issue allotments, sub-allotments and Notice of Cash Allocations in accordance with the approved Work and Financial Plan in the prescribed format to offices, bureaus, departments and agencies of the Autonomous Region in Muslim Mindanao; (8) Recommend appropriate action to the Regional Governor on requests of agencies for the use of savings; and (9) Perform such other powers and functions as may be provided by law. SEC. 14. Organizational Structure. - The Office shall be composed of the Office of the Executive Director, Budget Preparation and Coordination Division, Budget Execution and Monitoring Division, Management and Compensation Evaluation Division and supported by Administrative and Finance Unit. The Regional Budget and Management Office shall be headed by an Executive Director with a rank of Director III. The Executive Director shall act and exercise the powers, duties and responsibilities of a Chief Executive Officer. SEC. 15. Qualifications. - No person shall be appointed to the position of Executive Director unless he/she has the following qualifications: (1) A natural born citizen of the Philippines; 198