WHEREAS, Executive Orders No. 541, and 553 created a Committee to gather the memorabilia of the late Chief Justice Fred Ruiz Castro;

WHEREAS, in order to perform its functions more effectively, there is a need to convert such Committee into a Commission, with additional powers and responsibilities;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President and Prime Minister of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby direct and order as follows:

SEC. 1. The Committee created under Executive Orders Nos. 541 and 553 is hereby converted into a Commission, to be known as the Chief Justice Fred Ruiz Castro Memorabilia Commission, without any change in the membership and composition thereof.

SEC. 2. The Commission shall retain the functions and powers granted to its predecessor Committee, and its members shall continue to serve without compensation.

SEC. 3. The Commission is authorized for the purpose of financing its activities to solicit and accept grants or donations from private individuals and entities as well as government agencies and instrumentalities. Such funds shall be independently accounted for by the Commission. The Commission is further empowered to manage, invest, deposit or otherwise deal with its funds in a manner it deems best.

The Commission shall have such other functions and powers as may be incidental to or necessary in carrying out the purpose for which it was created.

SEC. 4. This Executive Order shall take effect upon its promulgation.

DONE in the City of Manila, this 2nd day of September in the year of our Lord, nineteen hundred and eighty.


By the President:

(SGD.) JACOBO C. CLAVE
Presidential Executive Assistant