For the purpose of undertaking a thorough study of the law nationalizing the retail trade with a view to improving its supposed defects and imperfections and making it satisfactory to all concerned, a Committee is hereby created composed of the following:

The Secretary of Commerce and Industry ..................................................		Chairman
The Secretary of Finance ..........................................................................		Member
The Administrator of Economic Coordination ..............................................		Member
The Secretary of Justice ...........................................................................		Member

The Committee shall submit its report and recommendations to the President of the Philippines as soon as practicable.

Done in the City of Manila, this 19th day of June, in the year of Our Lord, nineteen hundred and fifty-four, and of the Independence of the Philippines, the eighth.

(Sgd.) RAMON MAGSAYSAY
President of the Philippines

By the President:
(Sgd.) FRED RUIZ CASTRO
Executive Secretary