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PHILIPPINE LAWS, STATUTES & CODES
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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 279 - DIRECTING
THE DISSOLUTION OF PHILCORP PTY LTD
WHEREAS, pursuant to Executive
Order No. 572, issued on 06 December 1979, PhilBai International Pty
was created as a centralized cattle and meat buying agency of the
Philippines in Australia to cover the Oceania Region;
WHEREAS, in a Memorandum dated 07 April 1086, pursuant to a
Presidential directive the then Minister of agriculture ordered the
dismantling of PhilBai International;
WHEREAS, pending the liquidation of PhilBai International, PhilCorp.
Pty Ltd was set up on 20 July 1993 to take over the functions,
and protect and preserve the assets of PhilBai International;
WHEREAS, in line with the current thrust of government to liberalize
trade and commerce and allow free enterprise to serve as the prime
mover of sustained economic development, the time has come to end the
monopoly introduced under Executive of livestock from the Oceania
Region;
NOW, THEREFORE, I, FIDEL V. RAMOS, President of the Republic of the
Philippines, by virtue of the powers vested in me by law, do hereby
order:
Section 1.
Sec. 2.
Sec. 3.
Sec. 4.
DONE in the City of Manila,
this 13th day of October, in the year of Our Lord, nineteen hundred and
ninety-five.
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