Letter of Instructions No. 392
TO : The Commissioner of the Budget
The Treasurer of the Philippines
The Chairman of the Philippine National Oil Company
In accordance with Government directives the
Philippine National Oil Company has been undertaking or coordinating
Government programs relating to: (1) special projects designed to assist vital
sectors of the economy in connection with their purchase of petroleum products;
(2) measures, programs and campaigns concerning the Energy Conservation Program
of the Government; and (3) scholarship assistance to deserving Filipino Muslim
students in the Middle East. To finance these activities, it is hereby directed
that the sum of P 15,000,000.00 from the Special Fund created under
Section 8 (j) of Republic Act No. 6173, as amended, be
released to the Philippine National Oil Company
immediately. The Philippine National Oil
Company shall, from time to time and as required by the President, render an
accounting to the President of all disbursements of the foregoing amount.
Done in the City of Manila, this 8th day of April, in the year of Our Lord, nineteen hundred and seventy-six.
What do you want to do now?
Go Back to the Top; Go back to art’s home page; Laugh or Be Entertained; Destroy Cartels and Monopolies; Invest or Find a Job; Check Software or a Computer; Check out the latest News; Look for a School; Greet a Friend; Dip Into Black Gold and be Electrified; Express Yourself; Relive the Past; Get Involved in the Law, Government, & Politics; Read Some Classics; Meet New People; Consult the laws of the Philippine energy sector; Philosophize; or Search.
This page is best viewed using Microsoft Internet Explorer 4.0 or higher.
Last revised: February 19, 2009 12:08 PM.
Caveat Emptor: Owners of the sites included herein do not explicitly endorse this page.
Comments, suggestions, objections, or violent reactions?