WHEREAS, it is one of the major thrusts of the government to develop and promote the cottage industry sector through the NACIDA to maintain the stability of our economy and to accelerate the pace of industrialization;

WHEREAS, as mandated in Sec. 12 of P.D. 1788, a revalidation program was implemented for the period 1981-1982 for the purpose of updating the NACIDA master registry of cottage industries producers;

WHEREAS, the period fixed by P.D. 1788 within which manifestation to revalidate NACIDA Certificates of Registration has expired on February 22, 1982;

WHEREAS, a significant number of NACIDA registered cottage producers are unaware of and have failed to comply with the provision of said Decree for reasons not attributed to them;

WHEREAS, it is imperatively necessary to re-open the revalidation program for the registered cottage industry entrepreneurs who for one reason or another failed to revalidate their Certificates of Registration in order for them to avail of the NACIDA incentives and privileges granted to registered/revalidated cottage industry producers under P.D. 1788 and other subsequent and related laws;

WHEREAS, under P.D. 1416, the President is empowered to undertake such organizational changes as may be necessary in the light of changing circumstances and new developments;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by Presidential Decree No. 1416, do hereby order the following:

SECTION 1. NACIDA is hereby directed to re-open the Revalidation Program to NACIDA producers registered prior to 1981 who failed to revalidate their Certificates of Registration during the period February 21, 1981 to February 22, 1982, provided that the reopened Revalidation Program shall in no case extend beyond one year from date hereof.

SEC. 2. This Executive Order shall take effect immediately.

DONE in the City of Manila, this 15th day of October, in the year of Our Lord, Nineteen Hundred and Eighty-Three.


By the President:

(SGD.) JUAN C. TUVERA
Presidential Executive Assistant