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Executive Order No. 45 (1963)

Amending Executive No. 36, Series of 1963, Creating the Loans and Investment Council

Executive Order · August 19, 1963


MALACAÑAN PALACE

MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ EXECUTIVE ORDER NO. 45, August 19, 1963 ]

AMENDING EXECUTIVE NO. 36, SERIES OF 1963, CREATING THE LOANS AND INVESTMENT COUNCIL

By virtue of the powers vested in me by law, I, DIOSDADO MACAPAGAL, President of the Philippines, do hereby amend Executive Order No. 36, series of 1963, creating the Loans and Investment Council as follows:

1. Paragraph 1 is hereby amended to read as follows:

"1. The Council shall have the following composition: |

Secretary of Finance | .......... Chairman Secretary of Commerce & Industry | .......... Member Chairman, National Economic Council | .......... Member Director-General, Program Implementation Agency | .......... Member Governor of the Central Bank | .......... Member Chairman of the Development Bank of the Philippines | .......... Member President of the Philippine National Bank | .......... Member General Manager of the Government Service Insurance System | .......... Member Administrator of the Social Security System | .......... Member Chairman of the Reparations Commission | .......... Member

Done in the City of Manila, this 19th day of August, in the year of Our Lord, nineteen hundred and sixty-three.

(Sgd.) DIOSDADO MACAPAGAL

President of the Philippines

By the President:

(Sgd.) RUFINO G. HECHANOVA

Executive Secretary

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