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Public Corporation Act
Approved June 18, 1955

Republic Act No. 1380

An act creating a public corporation for the promotion of music, and appropriating the sum of one hundred thousand pesos for its initial expenses and for other purposes

An Act Creating a Public Corporation for the Promotion of Music, and Appropriating the Sum of One Hundred Thousand Pesos for its Initial Expenses and for Other Purposes

In plain language

The act creates the Music Promotion Foundation, a public corporation to promote music in the Philippines, establishes its powers, board composition, funding mechanisms, tax benefits for donors, and aligns its operations with civil service and audit requirements.

  • Creation of Music Promotion Foundation
  • Board of Trustees composition and powers
  • Funding appropriation of P100,000
  • Tax deductions for donors
  • Tax exemptions for foundation activities
  • Audit and civil service compliance
Public Corporations
Music
Philippines
Tax Exemption
Civil Service
Appropriations

REPUBLIC ACT No. 1380

An Act to Further Amend Subparagraph (e) of Section Nine of Republic Act Numbered Three Hundred and Forty, as Amended, so as to Include Service Rendered in the American Red Cross or Philippine Red Cross for Purposes of Retirement

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

Section 1

Subparagraph (e) of section nine of Republic Act Numbered Three hundred and forty, as amended by Republic Act Numbered Eight hundred and sixty-one, is further amended to read as follows:

(e)Service rendered by him as civilian official or employee in the Government or in the American Red Cross, prior to the creation of Philippine Red Cross, or in the Philippine Red Cross: Provided, That he has rendered at least ten years of active service in the Armed Forces of the Philippines: Provided, further, That if the period of his service as such civilian official or employee is longer than the period of his military service, his services as civilian official or employee shall be credited only as equal to his military service.

Section 2

This Act shall take effect upon its approval.

Approved: June 18, 1955.

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.