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Republic Act

ABOLISHING THE CUSTODY AND DISPOSAL ADMINISTRATION UNDER THE DEPARTMENT OF FINANCE

Number
Presidential Decree No. 60
Date of approval
Sections
1
Full text

WHEREAS, under Presidential Decree No. 1, dated

September 24, 1972, the Integrated Reorganization Plan was adopted and

made part of the law of the land;

WHEREAS, the fifth paragraph of said Presidential

Decree No. 1, provides that changes and modifications in the Integrated

Reorganization Plan shall be made from time to time, as necessity

requires, to be correspondingly announced by me or by my duly authorized

representative;

WHEREAS, the Custody and Disposal Administration is

one of the offices retained in the Department of Finance subject to the

provisions of paragraph 4, Article 1, Chapter 1, Part I of the

Integrated Reorganization Plan;

WHEREAS, the cited provisions of the Integrated

Reorganization Plan state that, unless otherwise provided in the said

Plan or in the executive directives creating them, existing agencies

created by executive directives shall continue to exist for one year

after the approval of the said Plan unless sooner terminated or extended

by the President;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of

the Philippines, by virtue of the powers vested in me by the

Constitution as Commander-in-Chief of all the Armed Forces of the

Philippines, and pursuant to Proclamation No. 1081, dated September 21,

1972, and General Order No. 1, dated September 22, 1972, as amended, in

order to effect the desired changes in the Executive Department as

necessity requires, do hereby order and decree the abolition of the

Custody and Disposal Administration under the Department of Finance.

The pertinent functions of the herein abolished office are

correspondingly transferred to the Bureau of Customs together with its

applicable appropriations, records, equipment, property and such

personnel as the Secretary of Finance may deem necessary.

The Secretary of Finance is hereby directed to implement this Decree

within thirty days after date of promulgation with the assistance of the

Budget Commission, the Civil Service Commission, and the Presidential

Commission on Reorganization.

Done in the City of Manila, this 20th day of November, in the year of

Our Lord, nineteen hundred and seventy-two.

(Sgd.) FERDINAND E. MARCOS

President

Republic of the Philippines

By the President:

(Sgd.)ALEJANDRO B. MELCHOR

Executive Secretary

1 sections

Cite this law

ABOLISHING THE CUSTODY AND DISPOSAL ADMINISTRATION UNDER THE DEPARTMENT OF FINANCE (Official Gazette). Retrieved via LawPlayer, https://lawplayer.com/ph/act/pd-60

Source: Official Gazette of the Republic of the Philippines — Philippine laws are public documents (works of the government).

No copyright in works of the Government (RA 8293 s.176)

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