Approving the allocation of a five percent share for local government units from the lotto charity fund and providing the sharing scheme therefor

EXECUTIVE ORDER NO. 357 August 5, 1996

APPROVING THE ALLOCATION OF A FIVE PERCENT SHARE FOR LOCAL GOVERNMENT UNITS FROM THE LOTTO CHARITY FUND AND PROVIDING THE SHARING SCHEME THEREFOR

WHEREAS, the Philippine Charity Sweepstakes Office (PCSO) is the principal government agency for raising and providing funds for health programs, medical assistance and services and charities of national character;

WHEREAS, the PCSO is also the national agency responsible for operating and supervising the charity sweepstakes races, the lottery and other similar activities as a source of funds consistent with its charter;

WHEREAS, the PCSO rules mandate the setting aside of thirty (30%) percent of its net receipts from its lotto operations as a Lotto Charity Fund;

WHEREAS, the PCSO Board of Directors has resolved to grant five (5%) percent of the thirty (30%) percent Lotto Charity Fund in favor of the local government units where lotto tickets are sold;

WHEREAS, Republic Act No. 1167 entitled "An Act Providing for Charity Sweepstakes, Horse Races and Lotteries" requires presidential approval for grants such as that...

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Summary of Executive Order No. 357

Approval of Five (5%) Percent Grant to LGUs
- The grant of a five (5%) percent share from the thirty (30%) percent Lotto Charity Fund in favor of local government units where lotto tickets are sold is approved, subject to the applicable provisions on the use thereof under Republic Act No. 1167. (Section 1)

Sharing of Funds by LGUs
- Municipalities: five (5%) percent to be shared on a 3:2 ratio between the municipality concerned and its province. (Section 2.1)
- Cities: five (5%) percent. (Section 2.2)

Drawdown Periods
- For administrative facility, drawdowns by the local government units concerned shall be made on a semestral basis, i.e., every six (6) months. (Section 3)

Availment of the Five (5%) Percent Fund
- Local non-governmental organizations (NGOs), institutions and agencies performing charity work shall, at the level of the proper LGU, have access to and may avail of the fund allocated to such LGU subject to limitations as to use as laid down in Republic Act No. 1167. (Section 4)

Effectivity
- This Executive Order shall take effect immediately. (Section 5)