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PRESIDENTIAL DECREE NO. 1012
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
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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; chanroblesvirtualawlibrary
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;chanroblesvirtualawlibrary
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;chanroblesvirtualawlibrary
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. chanroblesvirtualawlibrary
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-eight.
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