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EXECUTIVE ORDERS
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EXECUTIVE ORDER NO. 509 - AMENDING
EXECUTIVE ORDER NO. 495, SERIES OF 1991, BY EXCLUDING FROM THE COVERAGE
THEREOF THE BOY SCOUTS OF THE PHILIPPINES AND FOR OTHER PURPOSES
WHEREAS,
Executive Order No. 495, series of 1991, entitled “Converting the
Philippine Shippers’ Council, the Boy Scouts of the Philippines and the
Girl Scouts of the Philippines into Private Corporations and For Other
Purposes” was issued pursuant to Sec. 22 of Proclamation No. 50,
series of 1986, which latter issuance “remains to be operative until it
is amended, repealed or revoked by Congress” (Opinion No. 210, series
of 1988, of the Secretary of Justice);
WHEREAS, Republic Act No. 7181 extends the life of the Committee on
Privatization and the Asset Privatization Trust and imposes additional
conditions in the disposition of government assets provided under
Proclamation No. 50;
WHEREAS, the Secretary of Justice, in Opinion No. 16 dated 19 February
1992, states that Republic Act No. 7181 “has not revoked or modified
the authority of the President under Proc. No. 50 to amend the charters
of government corporations so as to terminate their corporate
existence.” and
WHEREAS, supervening development require the amendment of Executive
Order No. 495;
NOW, THEREFORE, I, CORAZON C. AQUINO, President of the Philippines, by
virtue of the powers vested in me by law, do hereby order:
Section 1.
“Section 1.
a.
b.
Sec. 2.
Commonwealth Act No. 111 and Presidential Decree No. 460 are hereby
restored prior to their repeal under Executive Order No. 495.
Sec. 3.
Sec. 4.
DONE in the City of Manila,
this 4th day of March, in the year of Our Lord, nineteen hundred and
ninety-two.
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