Preamble
WHEREAS, Republic Act No. 3518, otherwise known as the Charter of the Philippine Veterans Bank has been amended by Presidential Decree No. 236 for the purpose, among others, of effecting reforms in the operations of the Philippine Veterans Bank and to revitalize its structure as an important instrument to promote the national development program of the government; WHEREAS, to provide for further improvement in the management and operations of the Philippine Veterans Bank it is deemed necessary that certain provisions of Republic Act No. 3518, as amended by Presidential Decree No. 236, be further amended, specifically for the purpose of establishing the rule that the specifically for the purpose of establishing the rule that the President of the Philippine Veterans Bank shall concurrently be the Vice-Chairman of the bank's Board of Directors: NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree as follows: