Authorizing the PCSO to Hold a Lottery Draw for Population Center Foundation, Inc.

September 22, 1976

PRESIDENTIAL DECREE NO. 1012

AUTHORIZING THE PHILIPPINE CHARITY SWEEPSTAKES OFFICE TO HOLD A LOTTERY DRAW ON FEBRUARY/MARCH 1977, AND EVERY YEAR THEREAFTER, EXCLUSIVELY TO FINANCE THE VARIOUS PROJECTS OF THE POPULATION CENTER FOUNDATION, INC

WHEREAS, the Government is vigorously pursuing the population program to assure greater opportunity for each Filipino to reach his full potential and to attain his individual dignity; aisa dc

WHEREAS, the magnitude of the task requires collaboration and coordination between the Government and private entities organized for the purpose of assisting in the implementation of the national population policy;

WHEREAS, the Population Center Foundation, Inc. as the primary grant-making institution of the private sector, has initiated, sponsored, assisted and financed population programs and projects which have contributed substantially to social reform and economic development; and

WHEREAS, the Population Center Foundation, Inc. merits assistance in carrying out its objectives;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby authorize the Philippine Charity Sweepstakes Office to hold in February/March 1977, and every year thereafter, a lottery draw the proceeds of which shall, after deducting the payment of the prizes and expenses, as provided in Republic Act No. 1169, be turned over the Population Center Foundation, Inc. to constitute a special fund to help maintain and support its various ongoing projects and to finance future similar projects. aisa dc

This Decree shall take effect immediately.

DONE in the City of Manila, this 22nd day of September, in the year of Our Lord, Nineteen Hundred and Seventy-Six.