EXECUTIVE ORDER NO. 1053 - SUSPENDING THE IMPLEMENTATION OF EXECUTIVE ORDER NO. 1046, ENTITLED “PROVIDING FOR THE ACCELERATED DEVELOPMENT OF THE FOOTWEAR, LEATHER AND LEATHERGOODS MANUFACTURING INDUSTRIES AND CREATING THE FOOTWEAR AND LEATHER GOODS DEVELOPMENT BOARD

Pursuant to the powers vested in me by law, I, FERDINAND E. MARCOS, President of the Philippines, do hereby direct and order:

Section 1. Effective upon the issuance of this Order, the implementation of Executive Order No. 1046, dated 7 August 1985, is hereby suspended.  

Sec. 2. This suspension order shall remain effective until revoked by me upon the recommendation of the Ministry of Trade and Industry.

Done in the City of Manila, this 5th day of September, in the year of Our Lord, nineteen hundred and eighty-five.
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