QuestionsQuestions (EXECUTIVE ORDER NO. 209)
EO No. 209 revokes Executive Order No. 202, which had required a 5% savings to be set up from releases made under EO Nos. 190 and 198 (for the first six months of 1939).
EO No. 209 expressly revokes Executive Order No. 202, current series.
It required that savings of 5% be set up from releases made in EO Nos. 190 and 198 for the first six months of 1939 from the general appropriations authorized in Commonwealth Act No. 300.
Improved revenue collections for May and June 1939, and indications that total ordinary income from January 1 to June 30, 1939 would be sufficient to cover entire authorized ordinary expenditures for the same period.
Because the revenue outlook showed ordinary income would cover the authorized ordinary expenditures for January 1 to June 30, 1939, making the savings measure no longer needed.
EO 209 states it was issued by virtue of the powers vested in the President by the Constitution and existing laws.
Commonwealth Act No. 300.
The first six months of 1939 (covering releases made under EO Nos. 190 and 198 for that period).
May and June 1939.
From January 1 to June 30, 1939.
It states that the total ordinary income for the period would be sufficient to cover the entire amount of the authorized ordinary expenditures for the same period.
It revokes EO 202; the savings requirement no longer applies as it was expressly withdrawn.
Manuel L. Quezon signed as President; Jorge B. Vargas, Secretary to the President, is noted “By the President.”
EO Nos. 190 and 198 are mentioned because EO 202 required the 5% savings to be set up from releases made in EO 190 and EO 198.