Republic Act No. 1943: An act further amending section nineteen of republic act numbered three hundred nine, as amended, so as to provide for a more equitable distribution of receipts in horse races

Republic Act No. 1943

An act further amending section nineteen of republic act numbered three hundred nine, as amended, so as to provide for a more equitable distribution of receipts in horse races

An Act Further Amending Section Nineteen of Republic Act Numbered Three Hundred Nine, as Amended, so as to Provide for a More Equitable Distribution of Receipts in Horse Races

In plain language

Republic Act No. 1933 amends Section 19 of RA 309 to redefine the allocation of gross receipts from horse races, specifying new percentages for dividends, commissions, stakes, and a special fund for the Games and Amusements Board, and outlines the handling of unexpended balances.

87.5% of gross receipts to dividends for win, place, and show horses

6.5% to commission of race conductors

5.5% to stakes and bonuses for horses and jockeys

0.5% to special fund for Games and Amusements Board

Adjusted percentages for daily-double and llave races

Unexpended special fund balances over 10,000 pesos transferred to Bureau of Animal Industry

Horse Racing

Betting

Receipts Distribution

Amendment

Philippines

REPUBLIC ACT No. 1943

An Act to Amend Section Two Thousand One Hundred and Eighty-Seven of the Revised Administrative Code

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

Section 1

Paragraph one of section two thousand one hundred eighty-seven of the Revised Administrative Code is hereby amended so as to read as follows:

"Sec. 2187. Compensation of vice-mayor and councilorsFull pay for sick mayor. -The municipal council may grant to the vice-mayor and each councilor a per diem not to exceed ten pesos in the municipalities of the first class; eight pesos in municipalities of the second class; six pesos in municipalities of the third class; and four pesos in the fourth and fifth class municipalities, for each day of regular or special session of the council actually attended by them: Provided, However, That no per diems may be granted for more than four special sessions a month. When, by reason of absence, suspension, or other disability, the mayor ceases to discharge the duties of his office, the vice-mayor or councilor acting as mayor shall receive compensation equivalent to the salary of the mayor during the period of such service.

Section 2

This Act shall take effect upon its approval.

Approved: June 22, 1957.

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.