PRESIDENTIAL DECREE NO. 51, November 16, 1972
AUTHORIZING THE PRESIDENT OF THE PHILIPPINES TO OBTAIN SUCH LOANS OR INCUR SUCH INDEBTEDNESS AS MAY BE NECESSARY TO FINANCE THE ACQUISITION OF CARGO AIRCRAFTS
Presidential Decrees November 16, 1972
WHEREAS, there is need to acquire cargo aircrafts to
enable the Government to undertake socio-economic activities such as
rescue and airlift operations during calamities, typhoon moderation
projects, regional commodity movements, and other developmental work;
enable the Government to undertake socio-economic activities such as
rescue and airlift operations during calamities, typhoon moderation
projects, regional commodity movements, and other developmental work;
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 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, do decree that
the attached Authority for the Acquisition of Cargo Aircrafts is hereby
adopted and made part of the law of the land.
Done in the City of Manila, this 16th 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 MELCHOR Executive Secretary