Section 1.    The Philippine Charity Sweepstakes Office is authorized to hold annually a lottery or sweepstakes, the whole proceeds of which shall, after deducting the prizes and expenses as provided for in Republic Act Numbered Eleven hundred sixty-nine, as amended, be turned over to the Philippine National Red Cross Blood Bank for its expansion and for its blood typing project.

Sec. 2.    This Act shall take effect upon its approval.

Approved: June 12, 1964