Republic Act No. 1178: An act providing for charity sweepstakes horse races and lotteries

In plain language

This act establishes the Philippine Charity Sweepstakes Office (PCSO) to conduct horse race sweepstakes and lotteries, outlines its powers, structure, and management, sets operating expenses and prize distribution, mandates horse registration and participation rules, and specifies the allocation of receipts to operating costs, prizes, provincial and city funds, and remaining reserves.

Establishment of the Philippine Charity Sweepstakes Office

Board of Directors composition and appointment

General Manager and personnel appointment authority

Operating expenses paid from receipts

Regulation of horse race sweepstakes and lottery operations

Horse registration and participation rules

Allocation of gross receipts to operating costs, prizes, provincial and city programs, and reserves

Charity

Sweepstakes

Horse races

Lotteries

Philippines

Public funding

REPUBLIC ACT No. 1178

An Act to Further Amend Act Numbered One Thousand Two Hundred Eighty-Five by Providing that the Society for the Prevention of Cruelty to Animals be Exempted from the Payment of All Taxes

Be it enacted by the Senate and House of Representatives of the Philippine Congress Assembled:

Section 1

Act Numbered One thousand two hundred eighty-five is further amended by inserting between sections six and seven thereof, the following:

"Sec. 6-A. All provisions of law to the contrary notwithstanding, the society is exempted as of July four, nineteen hundred forty-six, from the payment of the all taxes on any receipts or income received by it from whatever source.

Section 2

This Act shall take effect upon its approval.

Approved: June 19, 1954.

For information and research only, and not legal advice. This text may not reflect later amendments. For certified copies, refer to the Official Gazette or the issuing agency.