[ EXECUTIVE ORDER NO. 5, January 07, 1954 ]
DISSOLVING THE PROPERTY REQUISITION COMMITTEE, OFFICE OF THE PRESIDENT AND TRANSFERRING ITS FUNCTIONS TO THE DIFFERENT EXECUTIVE DEPARTMENTS OF THE GOVERNMENT.
To expedite the procurement of much-needed equipment and materials of the different operating agencies of the Government, I, RAMON MAGSAYSAY, President of the Philippines, by virtue of the powers vested in me by law, do hereby order that:
1. The Property Requisition Committee, Office of the President is hereby dissolved and its functions transferred to the different executive departments of the Government, effective today;
2. The records, equipment and personnel of the Property Requisition Committee are to be redeployed to the proper offices concerned.
Done at the City of Manila, this 7th day of January, 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