Section 2
SEC. 2. All applications for permit to export or re-export any of the articles mentioned in section one of this Act shall be filed before a committee to be composed of the Secretary of Agriculture and Natural Resources as chairman, the Secretary of National Defense, and the Administrator of Economic Coordination as members, such applications to be numbered chronologically in the order in which they were received. Each application shall be considered and disposed of by the Committee in their chronological order. If after due consideration the said Committee should unanimously find that the article or articles for which a permit is applied for may be exported or re-exported without prejudice to the national security nor to the government's program of agricultural and industrial development, then it shall recommend to the President that a permit be issued for the exportation or re-exportation of such article or articles. Before the permit is issued and signed by the President, the favorable recommendation of the Committee shall be published at the expense of the applicant once a week for two consecutive weeks in any newspaper or newspapers of general circulation in the Philippines, in which publicity shall be given the name of the applicant, the file number of his application, the description, quantity and value of the articles sought to be exported or re-exported, and the names of the consignee or consignees and the country or countries to which the articles are sought to be exported or re-exported. If within two weeks after the last publication, no objection is received by the Committee to the issuance of the permit applied for, then the President shall within ten days issue and sign the permit. If within the said period of two weeks, an objection to the issuance of the permit is filed with the Committee, then it shall set the matter for hearing within five days after notice to the applicant and to the objector, and within ten days after receipt of the findings and recommendations of the Committee, the President shall issue the corresponding permit or reject the application conformably with such findings and recommendations.