EXECUTIVE ORDER NO. 351

: The officials covered include members and chairmen of boards of directors, managers, assistant managers, assistants to managers, treasurers, secretaries or secretary-treasurers, auditors or comptrollers, chiefs of divisions or departments, and other staff members with discretionary powers or possession of confidential information.
: Yes, the order includes the wives of the officials as well as other members of their household.
: No officer or assistant may enter into any contract, agreement, or understanding of any kind or nature with the corporation of which he is an officer, except a contract for services for which the officer or assistant has been specifically hired, employed, or contracted.
: Yes, officers or their assistants may enter into contracts for services specifically hired, employed, or contracted for, but no other forms of contracts or agreements are allowed.
: It refers to officials entrusted with discretionary powers or those in possession of confidential information regarding the corporation’s affairs.
: To prevent conflicts of interest and circumvention of the prohibition by involving family members in contracts with the corporation.
: The order was done in Manila on June 4, 1941, and took effect from that date.
: The order was issued by the President of the Philippines by virtue of powers vested in him by law.