Executive Order 11632—Amending Executive Order No. 11627 of October 15, 1971, Further Providing for the Stabilization of the Economy

By virtue of the authority vested in me by the Constitution and statutes of the United States, particularly the Economic Stabilization Act of 1970, as amended, Executive Order No. 11627, as amended, is hereby further amended by adding at the end of Section 11 a new Section 11 A as follows:

"SEC. 11A (a). There is hereby established a Rent Advisory Board. The Rent Advisory Board shall be composed of such members as the President may from time to time appoint. The President shall designate the Chairman of the Rent Advisory Board.

"(b) The Rent Advisory Board shall provide advice concerning special considerations involved in the stabilization of rents. It shall also assist the Commission in the performance of its functions by making technical analyses of specific matters referred to it by the Commission."

RICHARD NIXON

The White House

November 22, 1971