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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 1063 - FURTHER
AMENDING Sec. 2-A OF REPUBLIC ACT NUMBERED SIXTY-TWO HUNDRED THIRTY
FOUR ENTITLED “AN ACT CREATING THE METROPOLITAN WATERWORKS AND SEWERAGE
SYSTEM AND FOR OTHER PURPOSES”
WHEREAS, under New Republic,
national development shall be pursued with renewed dedication and
greater determination through a more efficient, effective and
economical government;
WHEREAS, under Republic Act No. 6234, as amended, it is a declared
national policy of the state that the establishment, operation and
maintenance of waterworks and sewerage systems must be supervised and
controlled by the State, because the proper operation and maintenance
of such systems are essential public services which are vital to public
health and safety;
WHEREAS, pursuant to such policy, the Metropolitan Waterworks and
Sewerage System has been undertaking a program of construction and
improvement of the water supply and distribution systems in order to
provide and insure continuous and adequate supply of potable water to
the inhabitants of the Metropolitan Manila Area;
WHEREAS, the continued and tremendous growth and expansion of
population and commercial and industrial activities within the
territorial jurisdiction of the Metropolitan Waterworks and Sewerage
System require an expansion of its water supply and distribution
systems;
WHEREAS, equally important, is the maintenance and expansion of an
adequate sewerage disposal system in the service area of the
Metropolitan Waterworks and Sewerage System;
WHEREAS, the present inflationary trends, both local and foreign, have
caused the prices of goods, materials and services to spiral upwards,
thereby leaving the MWSS in a difficult position to meet its financial
requirements;
WHEREAS, to enable the Metropolitan Waterworks and Sewerage System to
carry out the improvement and expansion of its services to meet the
increasing demand of the public, there is a need to provide the
Metropolitan Waterworks and Sewerage System with additional fund
support; and
WHEREAS, under Presidential Decree No. 1416 as amended, the President
is empowered to undertake such organizational and related improvements
as may be appropriate in the light of changing circumstances and new
developments;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines,
by virtue of the powers vested in me by the Constitution and the
authority vested in me by Presidential Decree No. 1416, as amended, do
hereby order and ordain:
Section 1.
“Sec.
2-A.
The remaining Five Billion,
Eight Hundred Sixty Four Million, Five Hundred Thirty-Three Thousand
Pesos (P5,864,533,000.00) shall be subscribed by the Government of the
Republic of the Philippines and, paid from a continuing appropriation
which is hereby made out of any funds in the National Treasury not
otherwise appropriated, be they collections from any or all taxes
accruing to the General Fund, or proceeds from loans, the issuance of
bond, treasury bills or notes which are hereby authorized to be
incurred or to be issued by the Minister of Finance for the purpose,
such annual appropriation to be programmed and released in accordance
with pertinent budget laws: Provided, That, this continuing
appropriation shall remain in force until the balance of the unpaid
subscription of the government to the capital stock of the System have
been paid in full.”
Sec. 2.
Sec. 3.
Sec. 4.
Done in the City of Manila,
this 12th day of November in the Year of Our Lord, Nineteen Hundred and
Eighty-Five.
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