QuestionsQuestions (EXECUTIVE ORDER NO. 279)
PhilBai International Pty was created pursuant to Executive Order No. 572, issued on 06 December 1979.
The Minister of Agriculture ordered the dismantling of PhilBai International, pending its liquidation.
It was set up to take over the functions and to protect and preserve the assets of PhilBai International pending liquidation.
The government’s thrust to liberalize trade and commerce and allow free enterprise to replace the monopoly in livestock importation introduced under EO 572.
The dissolution and liquidation of PhilCorp Pty Ltd, in accordance with Philippine and Australian laws.
It requires compliance with Philippine legal requirements (e.g., authority, government actions, liquidation steps) and the applicable Australian laws governing the company’s dissolution and liquidation.
The Department of Agriculture and the Office of the Government Corporate Counsel.
It must take necessary steps, together with the Department of Agriculture, to effect and carry out the dissolution and liquidation of PhilCorp Pty Ltd.
To utilize the remaining assets of PhilCorp Pty Ltd to purchase breeding cattle from the Oceania Region for upgrading local livestock.
Instead of maintaining monopoly importation structures, it allows remaining assets to be used for productive purposes—upgrading local livestock—while the monopoly is terminated.
All issuances, rules, regulations, or parts inconsistent with EO 279 are repealed and/or modified accordingly.
No. Section 5 states it shall take effect immediately.
It implies the President has lawful delegated authority (e.g., under existing statutes and the power to issue executive orders) to direct government action on such entities.
PhilCorp Pty Ltd took over the functions of PhilBai International and protected/preserved its assets pending liquidation.
They are repealed and/or modified to the extent of their inconsistency with EO 279.
Whether Philippine requirements for government actions and liquidation are met, and whether Australian corporate dissolution/liquidation requirements (e.g., filings, liquidation procedures, creditor handling) are also satisfied, including jurisdictional and asset-transfer issues.