Authorizing the PCSO to Hold Special Sweepstakes Race for the Benefit of Welfareville Institutions
Republic Act No. 2059, enacted on June 13, 1958, authorizes the Philippine Charity Sweepstakes Office to conduct a special horse race in 1959. The net proceeds from this race, after deducting prizes and expenses, will be allocated to the Social Welfare Administration for building construction in Welfareville Institutions, with plans subject to Bureau of Public Works approval. Prize distribution for the winning horses is tied to the winning ticket prizes, capped at fifty thousand pesos. The Act took effect upon its approval and was published in the Official Gazette on July 14, 1958.
Law Information
- Reference Number
- Republic Act No. 2059
- Date Enacted
- Category
- Statutes
- Subcategory
- Republic Acts
- Jurisdiction
- Philippines
- Enacting Body
- Congress of the Philippines
Full Law Text
June 13, 1958
REPUBLIC ACT NO. 2059
AN ACT TO AUTHORIZE THE PHILIPPINE CHARITY SWEEPSTAKES OFFICE TO HOLD ONE SPECIAL SWEEPSTAKES RACE FOR THE WELFAREVILLE INSTITUTIONS AS BENEFICIARY
SECTION 1. Provisions of existing laws to the contrary notwithstanding, the Philippine Charity Sweepstakes Office shall hold in the year nineteen hundred and fifty-nine, one special sweepstake horse race the net proceeds of which shall, after deducting the payment of the prizes and expenses, as provided in Act Numbered Forty-one hundred and thirty, as amended by Commonwealth Act Numbered Five hundred and forty-six, be turned over to the Social Welfare Administration for the construction of new buildings in the Welfareville Institutions. The plans for the construction of such buildings shall be approved by the Bureau of Public Works and all expenses therefor shall be subject to budgeting and auditing regulations. In the said special sweepstake horse race, the prizes for the three winning horses shall be in direct proportion, respectively, to the three main prizes for winning tickets and shall be ten per cent thereof, but in no case shall the total amount of the prizes for winning hoses exceed fifty thousand pesos. acd
SECTION 2. This Act shall take effect upon its approval.
Approved: June 13, 1958
Published in the Official Gazette, Vol. 54, No. 14, p. 4222 on July 14, 1958
Cite This Law
Authorizing the PCSO to Hold Special Sweepstakes Race for the Benefit of Welfareville Institutions, Republic Act No. 2059, Jun 13, 1958 (Philippines)
Authorizing the PCSO to Hold Special Sweepstakes Race for the Benefit of Welfareville Institutions, Republic Act No. 2059 (Phil. 1958)
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- PCSO Sweepstakes Race for the Exclusive Use of Office of Vocational Rehabilitation, Social Welfare AdministrationRepublic Act No. 4564 • Jun 19, 1965 • Statutes
- Authorizing the PCSO to Hold One Lottery for the Benefit of Quezon InstituteRepublic Act No. 4632 • Jun 19, 1965 • Statutes
- Holding of Sweepstake Race by PCSO for the Benefit of Bureau of Public Schools Athletic ProgramRepublic Act No. 1159 • Jun 17, 1954 • Statutes
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