[ PRESIDENTIAL DECREE No. 59, November 20, 1972 ]
AUTHORIZING THE PRESIDENT OF THE PHILIPPINES TO OBTAIN SUCH LOANS OR INCUR SUCH INDEBTEDNESS AS MAY BE NECESSARY TO FINANCE THE ACQUISITION OF COMMUNICATIONS EQUIPMENT.
WHEREAS, to attain the objectives of said Letters of Instruction, there is need to provide a communications system through which Presidential direction and control, coordination, monitoring and supervision of PROD’s can be effectively achieved;
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 Communications Equipment) is hereby adopted and made a part of the Law of the Land.
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 of the Philippines
By the President:
(Sgd.) ALEJANDRO MELCHOR
Executive Secretary