MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ EXECUTIVE ORDER NO. 242, June 29, 1970 ]
CREATING A COOPERATIVES COORDINATING COMMITTEE
WHEREAS, the cooperative movement plays an important role in the stabilization of prices of public commodities; and
WHEREAS, there is need for the different sectors thereof to cooperate with and assist each other, coordinate their activities and establish direct business relationships among themselves so that the movement may most effectively serve producers not only in helping solve the nation’s economic problems but also those of consumers;
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by law, do hereby create a Cooperatives Coordinating Committee composed of the following:
Monico Yadao
President, Filipino Cooperative
Wholesale Society
Eliseo Ocampo
General Manager, Greater Manila
Terminal Food Market
Isidro T. Lopez
Director, Cooperatives
Administration Office
Amado A. Lansang
Assistant Administrator
Agricultural Credit Administration
Diosdado Mangahas
Manager, Grains Marketing
Cooperative of the Philippines
Luciano Lactao
Executive Secretary, Agricultural
Cooperative League of the Philippines
Salvador Agbayani
President, Philippine Cooperative
Credit Union League
Ernesto B. Santos
Manager, Sugar Producers
Cooperative Marketing Association
Bienvenido P. Faustino
General Manager, Central
Cooperative Exchange
Irlando L. Kapaw-an
Manager, Bisayas Deepsea Fish Producers
Cooperative Marketing Association
Clemente Torso, Jr.
Director, Cooperative Development Task
Force, National Food and Agriculture Council
The Committee shall elect from among themselves a Chairman, a Vice-Chairman and such other officers as may be deemed proper and necessary, as well as create sub-committees.
The Committee shall have the following functions:
1. Determine the prime commodity requirements or the different cooperatives and their members, so that necessary measures may be taken to fill up these requirements, to the end that prices of these prime commodities will not unreasonably rise beyond the reach of the consuming members of cooperatives.
2. Determine the essential producers’ items that the different cooperatives and their members require so that measures for their procurement at reasonable cost may be recommended to the President.
3. Devise a system of business relationships between the agricultural and the non-agricultural cooperative sectors; the former supplying the agricultural produce requirements of the latter which shall supply the prime consumers’ items needed by the former, thereby eliminating unnecessary middlemen in the process.
4. Coordinate the implementation of the measures devised to affect the foregoing objectives.
The Rice and Corn Production Coordinating Council (National Food and Agriculture Council) shall provide the Secretariat, to be headed by the Action Officer, to backstaff the Committee.
The Committee shall periodically submit its findings and recommendations to the President of the Philippines and shall appraise the Price Control Council of the same.
The Committee shall meet regularly once a month at the call of the chairman for the purpose of discharging its functions.
The Committee is hereby authorized to call upon any department, bureau, office, agency or instrumentality of the government, including government-owned or controlled corporations, for technical assistance, facilities and equipment as it may need in discharging its duties.
Done in the City of Manila, this 29th day of June, in the year of Our Lord, nineteen hundred and seventy.1âшphi1
(SGD.) FERDINAND E. MARCOS
President of the Philippines
By the President:
(SGD.) PONCIANO G. A. MATHAY
Acting Executive Secretary
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