RA 2053An Act to Authorize the Philippine Charity Sweepstakes Office to Hold Annually a Lottery for the Benefit of the Blood Bank.
RA 2053

An Act to Authorize the Philippine Charity Sweepstakes Office to Hold Annually a Lottery for the Benefit of the Blood Bank.

[ REPUBLIC ACT NO. 2053, June 04, 1958 ]

AN ACT TO AUTHORIZE THE PHILIPPINE CHARITY SWEEPSTAKES OFFICE TO HOLD ANNUALLY A LOTTERY FOR THE BENEFIT OF THE BLOOD BANK.



Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. The Philippine Charity Sweepstakes Office is authorized to hold annually a lottery, the whole proceeds of which shall after deducting the prices and expenses as provided for in Republic Act Numbered Eleven hundred sixty-nine, as amended, be turned over to the Blood Bank for its support and maintenance:Provided,That the proceeds from the first lottery under this Act shall be used exclusively for the construction of a blood bank building and the purchase of equipment and medicines.SEC. 2. This Act shall take effect upon its approval.Approved, June 4, 1958.