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[ PRESIDENTIAL DECREE NO. 394, February 26, 1974 ]

APPROPRIATING THE AMOUNT OF TWO MILLION FIVE HUNDRED THOUSAND PESOS (P2,500,000) FOR THE OPERATION OF THE TASK FORCE ON HUMAN SETTLEMENTS

WHEREAS, under Executive Order No. 419, dated September 19, 1973, a Task Force on Human Settlements was created to conduct a study on the nature, policy issues and strategies related to a comprehensive and integrative human settlement program in this country; and

WHEREAS, there is a need to appropriate the necessary amount to carry out the purposes and objectives of the Task Force on Human Settlements;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers in me vested by the Constitution as Commander-in-Chief of all 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 hereby order and decree:

SECTION 1. The sum of two million five hundred thousand pesos (P2,500,000) is hereby appropriated as operating funds of the Task Force on Human Settlements out of any funds in the National Treasury not otherwise appropriated.

SEC. 2. This Decree shall take effect immediately.

Done in the City of Manila, this 26th day of February, in the year of Our Lord, nineteen hundred and seventy-four.

   
 
(Sgd.) FERDINAND E. MARCOS
 
President
 
Republic of the Philippines
   
  By the President:  
     
  (Sgd.) ALEJANDRO MELCHOR  
    Executive Secretary  
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