MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ Memorandum Order No. 559, February 12, 1976 ]
CREATING AN AD HOC COMMITTEE ON THE NEA CASE
An Ad Hoc Committee is hereby created composed of representative from the Office of the Solicitor General representative from the Office of the Solicitor General as Chairman and the Corporate Counsel of the National Electrification Administration, a representative from the Central Bank and Development Management Staff of the Office of the President as members to study the feasibility of (1) entering in an amicable settlement of the case against the National Electrification Administrative, docketed in Manila Court of First Instance as Civil Case No. 95984 and/or (2) modifying the relevant Central Bank rules to exclude the CBC-NEA of the revised foreign exchange rate.1aшphi1
The Committee shall submit its report on or before March 15, 1976.
Done in the City of Manila, this 12th day February in the year of our Lord, nineteen hundred and seventy-six.
By authority of the President:
(Sgd.) JUAN C. TUVERA
Presidential Assistant
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