Repealing General Order No. 47 and For Other Purposes

EXECUTIVE ORDER NO. 176 May 28, 1987

REPEALING GENERAL ORDER NO. 47 AND FOR OTHER PURPOSES

WHEREAS, the Corporate Farming Program, by virtue of General Order No. 47, was established on May 27, 1974 to increase the supply of grains by requiring domestic corporations and partnerships with at least five hundred (500) employees to supply the rice and/or corn requirements of their employees;

WHEREAS, the covered corporations and partnerships complied through their own production projects or through production-marketing linkages with farmers' groups;

WHEREAS, after twelve (12) years of implementation, program accomplishments has fallen below grains supply objectives, and rice and/or corn production has not been viable anymore since self-sufficiency has already been attained;

WHEREAS, alternative schemes have been formulated to encourage private corporations to engage in more viable non-grain production ventures;

NOW, THEREFORE, I, CORAZON COJUANGCO-AQUINO, President of the Philippines, do hereby order and instruct:

1. That General Order No. 47, otherwise known as the Corporate Farming Program, is hereby repealed;

2. That corporations and partnerships brought under the coverage of...

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Repeal of the Corporate Farming Program

- General Order No. 47, also known as the Corporate Farming Program, is repealed. (Section 1)
- The Corporate Farming Program was established on May 27, 1974, to increase the supply of grains by requiring domestic corporations and partnerships with at least 500 employees to supply the rice and/or corn requirements of their employees. (Whereas clause)
- Corporations and partnerships covered by General Order No. 47 and have actually embarked on the Corporate Farming Program shall wind up their corporate farming affairs within three (3) years from the effectivity of this Order, without prejudice to their accrued contractual obligations. (Section 2)
- The National Food Authority, being the monitoring institution, is instructed to promulgate the necessary implementing rules and regulations for the purpose. (Section 3)
- The Order takes effect immediately. (Section 4)