Authorizing the PCSO to Hold Special Sweepstake Race for the Boy Scouts of the Philippines and the Philippine Amateur Athletic Federation
Commonwealth Act No. 595, enacted on August 19, 1940, authorizes the Philippine Charity Sweepstakes Office to conduct two annual special sweepstake horse races. The proceeds from one race will benefit the Boy Scouts of the Philippines, while the other will support the Philippine Amateur Athletic Federation. After deducting expenses and prizes, the entire remaining amount will be allocated to these organizations. The Act stipulates that prizes for winning horses will be proportionate to the main ticket prizes, capped at fifty thousand pesos in total. This law took effect immediately upon its approval.
Law Information
- Reference Number
- Commonwealth Act No. 595
- Date Enacted
- Category
- Statutes
- Subcategory
- Commonwealth Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
August 19, 1940
COMMONWEALTH ACT NO. 595
AN ACT TO AUTHORIZE THE PHILIPPINE CHARITY SWEEPSTAKES OFFICE TO HOLD ANNUALLY ONE SPECIAL SWEEPSTAKE RACE FOR THE BENEFIT OF THE BOY SCOUTS OF THE PHILIPPINES AND ANOTHER FOR THE BENEFIT OF THE PHILIPPINE AMATEUR ATHLETIC FEDERATION
SECTION 1. The Philippine Charity Sweepstakes Office is authorized to hold annually one special sweepstake horse race the whole proceeds of which shall, after deducting the payment of the prizes and expenses as provided in Act Numbered Forty-one hundred thirty, as amended by Commonwealth Act Numbered Five hundred forty-six, be turned over to the Boy Scouts of the Philippines for its support and expenses. Said Office is likewise authorized to hold annually another special sweepstake horse race the whole proceeds of which shall, after making the aforesaid deduction for the payment of the prizes and the expenses, be turned over to the Philippine Amateur Athletic Federation for its support and expenses. In either special sweepstake horse race, the prizes for winning horses and horses placed second and third shall be in direct proportion to the three main prizes for winning tickets and shall be ten per cent thereof, but in no case shall the total amount of said prizes exceed fifty thousand pesos.
SECTION 2. This Act shall take effect upon its approval.
Approved, August 19, 1940.
Cite This Law
Authorizing the PCSO to Hold Special Sweepstake Race for the Boy Scouts of the Philippines and the Philippine Amateur Athletic Federation, Commonwealth Act No. 595, Aug 19, 1940 (Philippines)
Authorizing the PCSO to Hold Special Sweepstake Race for the Boy Scouts of the Philippines and the Philippine Amateur Athletic Federation, Commonwealth Act No. 595 (Phil. 1940)
Related Laws
- Authorizing the PCSO to Hold Special Sweepstakes Race for the Benefit of the Girl Scouts of the Phils.Republic Act No. 620 • May 26, 1951 • Statutes
- Holding of Sweepstake Race by PCSO for the Benefit of Bureau of Public Schools Athletic ProgramRepublic Act No. 1159 • Jun 17, 1954 • Statutes
- Philippine Amateur Athletic FederationAct No. 3262 • Dec 7, 1925 • Statutes
- Revised Charter of the Philippine Amateur Athletic FederationRepublic Act No. 3135 • Jun 17, 1961 • Statutes
- Authorizing the PCSO to Hold Special Sweepstakes Race for the Benefit of Welfareville InstitutionsRepublic Act No. 2059 • Jun 13, 1958 • Statutes
- Appropriation of Funds to Aid the Philippine Amateur Athletic Federation for the 1956 OlympicsRepublic Act No. 1590 • Jun 16, 1956 • Statutes
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