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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 1009 -
STRENGTHENING THE POLICY FORMULATING CAPABILITY OF THE CIVIL
AERONAUTICS BOARD
WHEREAS, Republic Act No. 776 (1952)
creating the Civil Aeronautics Board was amended by Presidential Decree
No. 1462 (1978) to give more authority and flexibility to the Civil
Aeronautics Board to be able to meet the current and future demands on
civil aviation development by Philippine trade, commerce and
tourism;
WHEREAS, it is imperative to strengthen the policy formulating
capability of the Civil Aeronautics Board to contribute effectively in
the national economic recovery program of the government;
WHEREAS, it is imperative to integrate the foreign policy thrusts of
economic diplomacy in the policies of the Civil Aeronautics Board as
well as to involve the participation of the private sector in the
formulation of such policies;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution, do hereby
order:
Section 1.
“Sec. 5.
No member of the board shall
have any pecuniary interest in, or own any stock or bond of, in any
civil aeronautics enterprise.”
Sec. 2.
Sec. 3.
DONE in the City of Manila,
this 20th day of February, in the year of our Lord, Nineteen Hundred
and Eighty-five.
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