Memorandum Circular No. 416 (1970)
Creating a Committee to Solicit Contributions From the Private Sector for the Rehabilitation of the Areas Destroyed By the Recent Typhoons and the Resettlement of Displaced Typhoon Victims.
MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ Memorandum Circular No. 416, December 7, 1970 ]
CREATING A COMMITTEE TO SOLICIT CONTRIBUTIONS FROM THE PRIVATE SECTOR FOR THE REHABILITATION OF THE AREAS DESTROYED BY THE RECENT TYPHOONS AND THE RESETTLEMENT OF DISPLACED TYPHOON VICTIMS.
There is hereby created a Committee to take charge of soliciting contributions from the private sector for the rehabilitation of the areas destroyed by the recent typhoons and the resettlement of displaced typhoon victims. The Committee shall be composed of the following:
The Secretary of Finance | – | Chairman The Governor, Central Bank | – | Member The President, Philippine National Bank | – | Member The Chairman, Development Bank of the Philippines | – | Member The General Manager, Government Service Insurance System | – | Member The Administrator, Social Security System | – | Member
The funds to be solicited by the Committee shall be turned over to the National Disaster Control Center, care of Undersecretary of National Defense Efren I. Plana, which shall coordinate with the proper authorities regarding the disposition thereof.
This Circular shall take effect immediately.
By authority of the President:
(SGD.) ALEJANDRO MELCHOR
Executive Secretary
Manila, December 7, 1970