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Executive Orders

Extending the Term of the Presidential Committee to Study Government Corporations Created Under Executive Order No. 464, Series of 1976

Executive Order No. 498

EXECUTIVE ORDER NO. 498 January 31, 1978

EXTENDING THE TERM OF THE PRESIDENTIAL COMMITTEE TO STUDY GOVERNMENT CORPORATIONS CREATED UNDER EXECUTIVE ORDER NO. 464, SERIES OF 1976

WHEREAS, the corporate study being undertaken is essential in developing policy recommendations to rationalize the management of government corporations;

WHEREAS, the Presidential Committee to Study Government Corporations (PCSGC) is currently finalizing its initial report mainly on the macro phase of the corporate study relative to the efficient and effective management of government corporations for consideration by the President; and

WHEREAS, it is desirable for the PCSGC to continue for another six months in order to complete the study and develop further recommendation particularly at the micro level (individual corporation).

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby extend the term of the PCSGC up to June 30, 1978.

Sec. 1. The Committee is directed to submit its initial report on or before February 28, 1978 and...

Summary of Executive Order No. 498

Extension of the Presidential Committee to Study Government Corporations (PCSGC)
- The term of the PCSGC is extended until June 30, 1978. (Section 1)
- The PCSGC is directed to submit:
    - An initial report on or before February 28, 1978. (Section 1)
    - A final report on or before June 30, 1978. (Section 1)

Appropriation for the Study
- An appropriation of P300,000 is authorized for operating and necessary expenditures in connection with the study of government corporations. (Section 2)

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