Memorandum Order No. 65




MALACAÑAN PALACE MANILA BY THE PRESIDENT OF THE PHILIPPINES [ Memorandum Order No. 65, January 21, 1987 ] SUSPENDING THE IMPLEMENTATION OF EXECUTIVE ORDER NO. 93 FOR ALL ELECTRIC, AGRICULTURAL, IRRIGATION AND LOCAL WATERWORKS COOPERATIVES The implementation of Executive Order No. 93, insofar as electric, agricultural, irrigation and local waterworks cooperatives are concerned, is hereby suspended until June 30, 1987. The Fiscal Incentives Review Board, in consultation with the aforesaid cooperatives, is hereby directed to review the existing fiscal incentives to these cooperatives and to submit its report to the Office of the President on or before June 30, 1987 in accordance with Section 2 of Executive Order No. 93. This Memorandum Order shall take effect immediately.1aшphi1 (Sgd.) CORAZON C. AQUINO Manila, January 21, 1987 The Lawphil Project - Arellano Law Foundation