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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 373 -
DESIGNATING THE DEPARTMENT OF COMMERCE AND INDUSTRY TO WIND UP THE
AFFAIRS OF THE BOARD OF INDUSTRIES
WHEREAS,
under Republic Act No. 3127, as amended, the Board of Industries
expired on December 31, 1971;
WHEREAS, there is an urgent need to designate one government agency to
undertake the winding up operations of said office;
WHEREAS, the Board of Liquidators has suggested that the proper agency
that can well take charge of winding up the affairs of the Board of
Industries would be the Department of Commerce and Industry;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Republic of
the Philippines, by virtue of the powers vested in me by law, do hereby
designate and order the Department of Commerce and Industry to wind up
the affairs of the Board of Industries within a period not exceeding
six (6) months from December 31, 1971.
Done in the City of Manila,
this 8th day of February, in the year of Our Lord, nineteen hundred and
seventy-two.
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