Memorandum Circular No. 520 (1971)
Creating a Committee to Formulate Guidelines for Implementing the Resolution of the Oil Industry Commission Approving in Principle the Proposal to Restore Filipino Ownership of Filoil Refinery Corporation.
MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ Memorandum Circular No. 520, December 3, 1971 ]
CREATING A COMMITTEE TO FORMULATE GUIDELINES FOR IMPLEMENTING THE RESOLUTION OF THE OIL INDUSTRY COMMISSION APPROVING IN PRINCIPLE THE PROPOSAL TO RESTORE FILIPINO OWNERSHIP OF FILOIL REFINERY CORPORATION.
There is hereby created a Committee to formulate guidelines for implementing the resolution of the Oil Industry Commission approving in principle the proposal to restore Filipino ownership of Filoil Refinery Corporation, to be composed of the following:
Hon. Eduardo Rodriguez, Administrator Office of Economic Coordination | – | Chairman Hon. Leonides S. Virata, Chairman Development Bank of the Philippines | – | Member Hon. Demetrio Brillantes, General Manager, National Development Company | – | Member
The Committee is enjoined to follow the conditions provided in the resolution of the Oil Industry Commission dated November 15, 1971.
It is further enjoined to submit its recommendations to the President as soon as possible.
By authority of the President:
(SGD.) ALEJANDRO MELCHOR
Executive Secretary
Manila, December 3, 1971