Republic Act No. 2053

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 Philippine 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 the used exclusively for the construction of a blood bank building and the purchase of equipment and medicines.

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

Approved: June 4, 1958.