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[ LETTER OF IMPLEMENTATION NO. 38, December 11, 1975 ]

TO : The Secretary of Finance
   
  The President, Philippine Amanah Bank
   
  The President, Philippine Loan Guarantee Corporation


Pursuant to Presidential Decree No. 830 dated November 27, 1975, the Philippine Amanah Bank, the Philippine Loan Guarantee Corporation, and the Fiscal Incentives Review Board are transferred from the Office of the President and attached to the Department of Finance.

Done in the City of Manila, this 11th day of December, in the year of Our Lord, nineteen hundred and seventy-five.

     
(Sgd.) FERDINAND E. MARCOS
     
President
     
Republic of the Philippines
       
       
  By the President:    
       
  (Sgd.) JACOBO C. CLAVE    
  Presidential Executive Assistant    
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