Letter of Instructions No. 1103

 
 

TO

:

The Minister of Energy

 

 

The Minister of Industry

 

 

The Minister of Natural Resources

 

 

The Minister of Budget

 

 

The Treasurer of the Philippines

 

 

The Executive Director, National Coal Authority

 

One of the most important decisions of the government in its thrust towards energy self-sufficiency was the creation of the National Coal Authority in order to effect an integrated system of coal handling and regulate the downstream coal activities, and thus accomplish the maximum efficient utilization of coal as an alternate sources of energy.

 

In order to enable the National Coal Authority to become operational and immediately meet its obligations, it is imperative that its funds appropriated for it under Presidential Decree No. 1722 be immediately released.

 

Accordingly, the Treasurer of the Philippines is hereby directed to release P 50 Million out of the Special Fund created under Section 8 (j) of the R.A. No. 6173, as amended.

 

This Letter of Instructions shall take effect immediately.

 

Done in the City of Manila, this 20th day of January, in the year of Our Lord, nineteen hundred and eighty-one.

 

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Last revised:  August 21, 2016 11:08 PM.

 

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