FOURTEENTH CONGRESS OF THE REPUBLIC 
First Regular Session 
OF THE PHILIPPINES 
S E N A T E  
S.B.No. 
51 
Introduced by Senator Manuel “Lito” M. Lapid 
Explanatory Note 
Presidential Decree 1869 or the Philippine Amusement and Gaming 
Corporation (PAGCOR) charter was crafted during the Marcos administration 
particularly to consolidate separate enabling laws of PAGCOR. which are PD 
Nos. 1067-A, 1067-B, 1067-C, 1399 and 1632. 
The law covers, among others, the powers and functions, nature and 
scope of franchise, privileges and such other activities and practices of 
PAGCOR. Under its mandate, it is tasked to regulate all games of chance, to 
raise funds for the government‘s socio-civic and national developmental 
programs, and to help boost the country’s tourism industry. True to its mandate, 
PAGCOR is a major benefactor to a number of public services and socio-civic 
projects such as poverty alleviation, sports development, health, education, 
peace and order and others. 
The establishment of controlled casinos in major cities of the country 
paved the way for the growth of the gaming industry, making PAGCOR the 
number one income generating agency of the government. At present, PAGCOR 
earns an average annual income of over Twenty Billion Pesos (P 
20,000,000,000.00) for the government. Although PAGCOR, as it is today, 
continues to make considerable contributions to the government, the potential to 
boost its earnings through the application of creative business plans and 
expanding its present functions is huge. However, its outmoded charter which 
appears to have been overtaken by the calls of the present business environs 
like globalization, privatization, mergers and other aggressive corporate plays 
has limited, if not eliminated, such potential. 
This proposed measure intends to amend the charter of PAGCOR to 
provide it with an avenue to realize its full potential as an income generating 
agency of the government. One of the changes being introduced in this 
legislation is the inclusion of newly devised games and amusement, which are 
not authorized under PAGCORs existing franchise. It is likewise the intent of this 
measure to make it possible for PAGCOR to enter into joint ventures and similar 
undertakings in order to demonopolize the gaming industry. 
Under this measure, PAGCOR will also be given an opportunity to expand 
its functions beyond gaming-related activities such as operation and 
management of hotels, clubs, resorts, amusement parks and other recreation 
and entertainment facilities. This expanded function will be undertaken through 
the establishment of Gaming and Amusement Enterprise Zones (GAEZs) under 
PAGCOR. 


The so-called GAEZs will be set-up in areas identified as potential growth 
areas to house said inter-related industries. Investors in these estates shall be 
extended privileges and other business come-ons similar to those given to 
special eco-zones to further entice them to invest in our country. 
It is hoped that this measure will promote the flow of investors, both 
foreign and local, and generate employment opportunities for our countrymen. 
It is with the above cited reasons that 1 urge my colleagues to fully support 
the passage of this measure the earliest possible time. 
2 


FOURTEENTH CONGRESS OF THE REPUBLIC 
First Regular Session 
OF THE PHILIPPINES 
S E N A T E  
S. 8. No. 
Introduced by Senator Manuel “Lito” M. Lapid 
AN ACT AMENDING PRESIDENTIAL DECREE NO. 1869, OTHERWISE 
KNOWN AS THE PAGCOR CHARTER, TO ENHANCE THE MANDATE OF 
THE PHILIPPINE AMUSEMENT AND GAMING CORPORATION (PAGCOR), 
AND FOR OTHER PURPOSES 
Be if enacted by the Senate and House of Represenfatives of the Philippines in 
Congress assembled: 
SECTION 1. Title - This Act shall be known as the “Revised Philippine 
Amusement and Gaming Corporation (PAGCOR) Act of 2007”. 
SECTION 2. Presidential Decree No. 1869, otherwise known as the 
Charter of the Philippine Amusement and Gaming Corporation, is hereby 
amended to read as follows: 
TITLE I-GENERAL 
PROVISIONS 
SECTION 1. Declaration of Policy. - It is hereby declared to be the policy 
of the State to centralize [and], integrate, LICENSE AND REGULATE all games 
of chance not heretofore authorized by existing franchises or permitted by law in 
order to attain the following objectives: 
(a) 
To centralize [and] integrate, LICENSE AND REGULATE the right 
and authority to operate and conduct, games of chance [into one corporate entity 
to be controlled, administered and supervised by the Government]; 
To establish and operate clubs and casinos for amusement and 
recreation, including sports gaming pools (basketball, football, [lotteries,] BINGO 
PARLORS, etc.) and such other forms of amusement and recreation including 
games of chance NOT AUTHORIZED BY EXISTING FRANCHISE OR LAW 
within the territorial jurisdiction of the Philippines AND ABROAD, SUBJECT TO 
THE LAWS OF THE HOST COUNTRY, which will: (1) generate sources of 
additional revenue to fund infrastructure and socio-civic projects, [such as flood 
control programs, beautification, sewerage and ‘sewage projects, Tulungan ng 
Bayan Centers, Nutritional Programs, Population Control.] LIVELIHOOD 
PROGRAMS and such other essential public services; (2) create recreation and 
integrated facilities which will expand and improve the country’s existing AND 
POTENTIAL tourist attractions; and (3) minimize, if not totally eradicate the evils, 
malpractices and corruptions that are normally prevalent in the conduct and 
operation of gambling clubs and casinos without direct government involvement. 
(b) 
3 


TITLE II -CREATION OF PHILIPPINE AMUSEMENT 
AND GAMING CORPORATION 
SEC. 2. Philippine Arnusemenf and Gamincr Cornoration (PAGCOR). 
Creation and Purpose. - To implement this State policy and pursue the objectives 
set forth in the preceding Section, there is hereby created a body corporate to be 
known as the Philippine Amusement and Gaming Corporation, hereinafter 
referred to as the “Corporation”, which shall have its principal office in 
Metropolitan Manila. The Corporation may establish such offices, agencies, 
subsidiaries, or branches in the Philippines as its operations would require and 
its Board of Directors may determine. 
SEC. 3. Corporate Powers. - The Corporation shall have the following 
powers and functions, among others: 
(a) to prescribe its By-Laws; 
(b) to adopt, alter and use a corporate seal; 
(c) to own real or personal property, and to sell, alienate, mortgage, 
(d) to make contracts, and to sue and be sued; 
(e) to employ such officers and personnel as may be necessary or proper 
to carry on its business; 
(fl to acquire, lease or maintain, whether on land, water or air, personal 
property and such other equipment and facilities as may be necessary 
or proper to carry out its purposes; 
(9) to import, buy, sell, or otherwise trade or deal in merchandise, goods, 
wares and objects of all kinds and descriptions that may be necessary 
or proper to carry out the purposes for which it has been created; 
(h) to enter into, make, perform, and carry out contracts of every kind and 
for any lawful purpose pertaining to the business of the Corporation, or 
in any manner incidental thereto, INCLUDING INVESTMENT 
AGREEMENTS, JOINT VENTURE AGREEMENTS, MANAGEMENT 
CONTRACTS, OR SIMILAR ARRANGEMENTS, as principal, agent or 
otherwise, with any person, firm, association, or corporation; 
(i) to borrow money from local or foreign sources as may be necessary or 
proper for its operations; 
(i) to invest its funds as the Corporation may deem necessary or proper in 
any activity related to its principal operation, including in any bonds, or 
securities issued or granted by the Government of the Philippines OR 
GOVERNMENT OWNED OR CONTROLLED CORPORATIONS; 
encumber or otherwise dispose of the same; 
(k) TO CONSTRUCT, DEVELOP, MAINTAIN AND OPERATE CLUBS, 
HOTELS, RESORTS AND OTHER STRUCTURES INCLUDING ALL 
AMENITIES 
FOR 
AMUSEMENT, 
RECREATION 
AND 
ENTERTAINMENT WHICH ARE NECESSARY AND INCIDENTAL 
TO THE BUSINESS OF THE CORPORATION; 
4 


(I) TO GRANT LICENSES AND CERTIFICATES OF AFFILIATION TO 
QUALIFIED GOVERNMENTAL AND PRIVATE APPLICANTS: 
(m)TO ENTER INTO LEASE CONTRACTS, WHETHER AS LESSOR OR 
LESSEE, 
OF 
SERVICE 
AND/OR 
FACILITIES, 
FOR 
THE 
OPERATION OF A CASINO, SLOT MACHINE ARCADE, VIP 
CLUBS, 
JUNKET, 
VIP 
JUNKET, 
AND 
OTHER 
SIMILAR 
ESTABLISHMENTS: 
(n) TO PARTICIPATE IN THE OWNERSHIP AND MANAGEMENT OF 
CORPORATIONS, PARTNERSHIPS, ASSOCIATIONS, AND OTHER 
ENTfTlES ENGAGED IN THE BUSINESS OF THE CORPORATION 
INCLUDING BUT NOT LIMITED TO THE SUPPLY OF THE 
MANPOWER REQUIREMENTS; 
(0) TO CREATE, ORGANIZE OR ESTABLISH SUBSIDIARIES THAT 
CAN BE PUBLICLY LISTED FOR THE CONDUCT OF ITS 
BUSINESS WITHIN OR OUTSIDE OF THE PHILIPPINES; 
(p)TO ESTABLISH AND OPERATE WHAT SHALL BE KNOWN 
HEREIN AS GAMING AND AMUSEMENT ENTERPRIZE ZONES; 
(4) 
TO REVIEW PROPOSALS AND APPLICATIONS FOR THE 
ESTABLISHMENT OF GAMING AND AMUSEMENT ENTERPRISE 
ZONES AND RECOMMEND THE SAME TO THE PRESIDENT FOR 
PROCLAMATION, BASED ON THE CRITERIA AND STANDARDS 
SET FORTH IN THE IMPLEMENTING RULES AND REGULATIONS 
OF THIS ACT. THEREAFTER, IT SHALL FACILITATE AND ASSIST 
IN THE ORGANIZATION OF SUCH ENTITIES; 
GAMING AND AMUSEMENT ENTERPRISE ZONES; 
(r) TO LICENSE, SUPERVISE AND REGULATE THE OPERATION OF 
(8) TO 
LICENSE OR 
REGISTER LOCATORS AND 
JUNKET 
OPERATORS CATERING TO LOCAL OR FOREIGN CLIENTELE 
WITHIN THE GAMING AND AMUSEMENT ENTERPRISE ZONES; 
(t) TO COORDINATE WITH LOCAL GOVERNMENT UNITS AND 
EXERCISE GENERAL SUPERVISION OVER THE DEVELOPMENT 
PLANS, ACTIVITIES AND OPERATIONS OF LICENCEES IN THE 
GAMING AND AMUSEMENT ENTERPRISE ZONES, EXPORT 
PROCESSING ZONE, FREE TRADE ZONES, AND THE LIKE; 
(u) REGULATE 
AND 
UNDERTAKE 
THE 
ESTABLISHMENT, 
OPERATION AND 
MAINTENANCE OF UTILITIES, 
OTHER 
ANCILLARY SERVICES AND 
INFRASTRUCTURES IN THE 
GAMING AND AMUSEMENT ENTERPRISE ZONES, SUCH AS 
HEAT, LIGHT, POWER GENERATION, TOLL ROADS AND 
BRIDGES, PORT SERVICES, 
ETC., 
AND TO 
FIX JUST, 
REASONABLE AND COMPETITIVE RATES, FARES, CHARGES 
AND FEES THEREFORE; 
&)TO APPROVE THE ANNUAL BUDGET AND DEVELOPMENT 
PLANS OF THE GAMING AND AMUSEMENT ENTERPRISE 
ZONES; 
5 


(w) TO EXERCISE QUASI-JUDICIAL FUNCTIONS TO HEAR AND 
DECIDE CASES FOR VIOLATION OF THE PROVISIONS OF THIS 
ACT AND IMPOSE ADMINISTRATIVE SANCTIONS INCLUDING, 
BUT NOT LIMITED TO, THE IMPOSITION OF FINES AND 
PENALTIES, CANCELLATION OF LICENSE TO OPERATE AND/OR 
CLOSURE OF ESTABLISHMENTS OR ENTITIES. FOR THIS 
PURPOSE, THE CORPORATION SHALL HAVE THE POWER TO 
ISSUE SUBPOENA OR SUBPOENA DUCES TECUM TO COMPEL 
THE ATTENDANCE OF WITNESSES AND PRODUCTION OF 
DOCUMENTS AND OTHER EFFECTS. 
THE CORPORATION MAY CALL UPON LAW ENFORCEMENT 
AGENCIES 
AND 
THE 
MANAGING 
AUTHORITIES 
FOR 
ASSISTANCE IN THE IMPLEMENTATION AND ENFORCEMENT OF 
ITS DECISIONS, ORDERS, RULES AND REGULATIONS 
(x) WITHIN NINETY (90) DAYS AFTER THE APPROVAL OF THIS ACT, 
ISSUE AND SUBMIT TO CONGRESS THE NECESSARY RULES 
AND REGULATIONS TO IMPLEMENT THE PROVISIONS HERETO; 
CONGRESS; 
(y) TO RENDER ANNUAL REPORTS TO THE PRESIDENT AND THE 
(2) [(k)] to perform such other powers and functions as may be 
provided by law; and 
(aa) 
[(I)] 
to do anything and everything necessary, proper, desirable, 
convenient, or suitable for the attainment and accomplishment of any 
of the object or the furtherance of any of the powers herein stated the 
above purposes, or the furtherance of the powers herein stated, either 
alone or in association with other corporations, firms or individuals and 
to do every other act or things incidental, pertaining to, growing out of, 
or connected with the aforesaid purposes, objects or powers or any 
part thereof. 
SEC. 4. Authorized Capital Stock,- The corporation shall have an 
authorized capital stock divided into TEN MILLION [one million] voting and no 
par value shares, to be subscribed, paid for and voted as follows: 
6,000,000 shares of stock to be subscribed to and paid for by the 
Government of the Republic of the Philippines at an [original] issue value of 
P I  ,000.00 per share; 
4,000,000 shares remaining may be subscribed to by person or 
entities acceptable to the Board of Directors at issue value to be determined by 
such Board of Directors. 
The voting power pertaining to shares of stock subscribed by the 
Government of the Republic of the Philippines shall be vested in the President of 
the Philippines or in such person or persons as he or she may designate. 
person or entities shall be vested in them. 
(a) 
(b) 
The voting power pertaining to shares of stock subscribed by private 
6 


SEC. 5. Government lnvesfment - [The Government advances to the 
Corporation authorized on May 29, 1978, having reached the amount of 
P70,430,752.03, 
shall be converted into equity as part of the investment of 
Government to be applied to its subscription of 550,000 shares] THE 
ADVANCES OF THE GOVERNMENT TO THE CORPORATION SHALL BE 
CONVERTED INTO EQUITY AS PART OF ITS INVESTMENT IN THE 
CORPORATION. 
SEC. 6. [Board of Directors] CHAIRMAN OF THE BOARD OF 
DlRECTORSlCHlEF EXECUTIVE OFFICER, BOARD OF DIRECTORS AND 
PRESIDENTICHIEF OPERATING OFFICER. - The Corporation shall be 
governed and its activities be directed, controlled and managed by a Board of 
Directors, hereinafter referred to as the ”Board, composed of five (5) members, 
three (3) of whom shall come from the Government sector [and shall be 
appointed by the President, while] AND the other two (2) shall be from the 
private sector. [ who own at least 1 share of stock in the Corporation and who 
shall be elected by the stockholders of the Corporation in the annual general 
meeting or in a special meeting called for such purpose.] THE MEMBERS OF 
THE BOARD OF DIRECTORS SHALL BE APPOINTED BY THE PRESIDENT. 
[Each Director shall serve for a term of one (1) year and until his 
successor shall have been duly appointed and qualified.] 
THERE SHALL BE A CHAIRMAN OF THE BOARD OF DIRECTORS 
WHO 
WILL ALSO 
ACT 
AS 
THE 
CHIEF EXECUTIVE OFFICER, 
HEREINAFTER REFERRED TO AS THE “CHAIRMAN”, TO BE APPOINTED 
BY THE PRESIDENT OF THE REPUBLIC OF THE PHILIPPINES WITH A 
FIXED TERM OF SIX (6) YEARS, RENEWABLE AT THE OPTION OF THE 
PRESIDENT. 
THE CORPORATION SHALL BE MANAGED BY A PRESlDENTlCHlEF 
OPERATING OFFICER WHO SHALL BE APPOINTED BY THE PRESIDENT 
OF THE PHILIPPINES FOR A TERM OF SIX (6) YEARS. 
THE INCUMBENT CHAIRMAN OF THE BOARD OF DIRECTORS/ 
CHIEF EXECUTIVE OFFICER AND CHIEF OPERATING OFFICER SHALL 
CONTINUE TO HOLD OFFICE AND SHALL SERVE FOR A NEW TERM OF 
SIX (6) YEARS, UNLESS REPLACED BY THE PRESIDENT WITHIN A 
PERIOD OF NINETY (90) DAYS UPON EFFECTIVITY OF THIS LAW. 
UPON EXPIRATION OF THEIR TERM OF OFFICE, THE INCUMBENT 
CHAIRMAN OF THE BOARD OF DIRECTORS, THE CHIEF OPERATING 
OFFICER AND THE MEMBERS OF THE BOARD OF DIRECTORS MAY BE 
REAPPOINTED BY THE PRESIDENT. 
SEC. 7. Powers, Functions and Duties of the Board of Directors.- The 
Board shall have the following powers, functions and duties; 
To allocate and distribute, with the approval of the Office of the 
President of the Philippines, the earnings of the Corporation earmarked to 
finance infrastructure and socio-civic projects; 
TO designate the commercial bank that shall act as the depository 
bank of the Corporation andlor trustee of the funds of the Corporation; 
(a) 
(b) 
7 


(c) 
To prepare and approve at the beginning of each calendar year the 
budget that may be necessary under any franchise granted to it, to insure the 
smooth operation of the Corporation; and to evaluate and approve budgets 
submitted to it by other corporations or entities with which it might have any 
existing contractual arrangement; 
To submit to the Office of the President of the Philippines before 
the end of February of each year a list of all the infrastructure and/or socio-civic 
projects that might have been financed from the Corporation’s earnings, and to 
submit such periodic or other reports as may be required of it from time to time; 
(d) 
(E) 
TO FORMULATE PERSONNEL MANAGEMENT POLICIES, 
STANDARDS, RULES AND REGULATIONS TO GOVERN ITS EMPLOYEES 
INCLUDING THEIR WAGES, SALARIES, ALLOWANCES AND BENEFITS, 
THE 
PROVISIONS 
OF 
EXISTING 
LAWS 
TO 
THE 
CONTRARY 
NOTWITHSTANDING, AND TO DETERMINE AND ESTABLISH THE 
APPROPRIATE ORGANIZATONAL STRUCTURE FOR THE CORPORATION, 
AND TO RESTRUCTURE AND REORGANIZE THE SAME; 
(F) 
TO ACT AS A REGULATORY BODY FOR THE PURPOSE OF 
EXERCISING ITS POWERS UNDER AND IN ACCORDANCE WITH SECTION 
9 HEREOF; AND 
(0) 
[(e)] To perform such other powers, functions and duties as may be 
directed and authorized by the President of the Philippines or as may be 
necessary or proper for the accomplishment of its purpose and objectives. 
TITLE II -AFFILIATION PROVISIONS 
SEC. 8. Registration - All persons primarily engaged in gambling, together 
with their allied business, with contract or LICENSE from the Corporation, shall 
register and affiliate their businesses with the Corporation. The Corporation shall 
issue the corresponding certificates of affiliation OR LICENSE upon compliance 
by the registering entity with the promulgated rules and regulations thereon. 
NO PERSON, NATURAL OR JURIDICAL SHALL BE ALLOWED TO 
ENGAGE IN THE BUSINESS OF OPERATING A GAMBLING CASINO OR TO 
OPERATE ANY BUSINESS INVOLVING THE CONDUCT OF GAMES OF 
CHANCE, OR POSSESS OR IMPORT GAMING PARAPHERNALIA FOR 
WHATEVER PURPOSE, EXCEPT THE CORPORATION AND ITS AFFILIATED 
ENTITIES. 
SEC. 9. Reuulafow Power - The Corporation shall maintain a Registry of 
the affiliated entities, and shall exercise all the powers, authority and 
responsibility vested in the Securities and Exchange Commission over such 
affiliated entities mentioned under the preceding section, including but not limited 
to amendments of Article of Incorporation and By-Laws, Changes in corporate 
term, structure, capitalization and other matters concerning the operation of the 
affiliating entities, the provision of the Corporation Code of the Philippines and 
other laws to the contrary notwithstanding, except only with respect to the original 
incorporation. THE CORPORATION SHALL ENACT AND PROMULGATE 
SUCH GAMING RULES AND REGULATIONS AS MAY BE NECESSARY TO 
GOVERN THE GAMING ACTIVITIES OF THE AFFILIATED COMPANIES, 
INCLUDING SANCTIONS FOR VIOLATIONS THEREOF, AND IF PUBLIC 
INTEREST SO WARRANTS AS DETERMINED BY THE CORPORATION, TO 
8 


SUSPEND OR TERMINATE THE OPERATION OR CLOSE THE FACILITIES 
OF THE AFFILIATED OR UNAFFILIATED COMPANIES CONCERNED. 
TITLE IV-GRANT OF FRANCHISE 
SEC. I O .  Nature and Term of Franchise. - Subject to the terms and 
conditions established in this Decree, the Corporation is hereby [granted for a 
period of twenty-five (25) years] GRANTED FROM FROM THE EXPIRATION 
OF ITS ORIGINAL TERM ON JULY 11, 2008, ANOTHER PERIOD OF FIFTY 
(50) YEARS , renewable for another twenty five (25) years, the rights, privileges 
and authority to operate and maintain gambling casinos, clubs, and other 
recreation or amusement places, [sports,] gaming pools i.e., basketball, football, 
[lotteries,] BINGO PARLORS, etc., EXCEPT JAI-ALA1 AND INTERNET 
GAMBLING, whether on land or sea, within the territorial jurisdiction of the 
Republic of the Philippines AND ABROAD, SUBJECT TO THE LAWS OF THE 
HOST COUNTRY: PROVIDED, THAT THE CORPORATION SHALL OBTAIN 
THE CONSENT OF THE LOCAL GOVERNMENT UNIT THAT HAS 
TERRITORIAL JURISDICTION OVER THE AREA CHOSEN AS THE SITE FOR 
ANY OF ITS OPERATIONS. 
THE OPERATION OF SLOT MACHINES AND OTHER GAMBLING 
PARAPHERNALIA AND EQUIPMENT, SHALL NOT BE ALLOWED IN 
ESTABLISHMENTS OPEN OR ACCESSIBLE TO THE GENERAL PUBLIC 
AND RESORTS ACCREDITED BY THE DEPARTMENT OF TOURISM 
AUTHORIZED BY THE CORPORATION AND BY THE LOCAL GOVERNMENT 
UNIT CONCERNED. 
UNLESS THE SITE OF THESE OPERATIONS ARE THREE-STAR HOTELS 
SEC. 11. Scope of Franchise. - In addition to the rights and privileges 
granted it under the preceding Section, this Franchise shall entitle the 
Corporation to do and undertake the following: 
(1) 
Enter into operating andlor management contracts with any 
registered and accredited company possessing the knowledge, skill, expertise 
and facilities to insure the efficient operation of gambling casinos; provided, that 
the service fees of such management andlor operator companies whose services 
may be retained by the Corporation shall not in the aggregate exceed ten (10%) 
percent of the gross income; 
Purchase foreign exchange that may be required for the importation 
of equipment, facilities and other gambling paraphernalia indispensably needed 
or useful to insure the successful operation of gambling casinos; 
Acquire the right of way or access to or thru public land, public 
waters or harbors, including the Manila bay area; such right shall include but not 
limited to the right to lease and/or purchase public lands, government reclaimed 
lands, as well as lands of private ownership or those leased from the 
Government. This right shall carry with it the privilege of the Corporation to utilize 
piers, quays, boat landings, and such other pertinent and related facilities within 
these specified areas for use as landing, anchoring or berthing sites in 
connection with its authorized casino operations; 
(2) 
(3) 
(4) 
Build or construct structures, building castways, piers, decks, as 
well as any other form of landing and boarding facilities for its floating casinos: 
9 


(5) 
FORMULATE, ADOPT, SET-UP, CONDUCT, AND CARRY ON 
MARKETING AND PROMOTIONAL PROGRAMS AND UNDERTAKINGS IN 
CONNECTION WITH THE EXERCISE OF ITS POWER AND FUNCTIONS 
WHICH ARE NORMALLY PRACTICED BY RELEVANT INDUSTRIES WITH 
SUCH FEATURES, AS WELL AS FORMULATE INCENTIVES AND CREATE 
AMENITIES AS THE CORPORATION MAY DEEM SUITABLE AND PROPER 
TO ENABLE IT TO ATTAIN GLOBAL COMPETITIVENESS IN THE SAID 
ENTERPRISE: AND 
[(S)] To do and perform such other acts directly related to the 
efficient and successful operation and conduct of games of chance in 
accordance with existing laws and decrees. 
(6) 
SEC. 12. SDecial Condition of Franchise. - After deducting five (5%) percent 
as Franchise Tax, [the Fifty (50%) percent share of the Government in the 
aggregate gross earnings of the Corporation from this Franchise shall be 
immediately set aside and allocated to fund the following infrastructure and 
socio-civic projects within the Metropolitan Manila Area: 
(a) Flood Control 
(b) Sewerage and Sewage 
(c) Nutritional Control 
(d) Population Control 
(e) Tulungan ng Bayan Centers 
(f) Beautification 
(9) Kilusang Kabuhayan at Kaunlaran (KKK) projects; provided, that should 
the aggregate gross earning be less than P150,000,000.00, the amount to 
be allocated to fund the above-mentioned project shall be equivalent to 
sixty (60%) percent of the aggregate gross earning. 
In addition to the priority infrastructure and socio-civic projects within the 
Metropolitan Manila specifically enumerated above, the share of the Government 
in the aggregate gross earnings derived by the Corporation from this Franchise 
may also be appropriated and allocated to fund and finance infrastructure and/or 
socio-civic projects throughout the Philippines as may be directed and authorized 
by the Office of the President of the Philippines.] 
DISTRIBUTED IN THE FOLLOWING MANNER; 
THE GROSS WINNINGS ON GAMING OF THE CORPORATION SHALL BE 
(a) FIVE PERCENT (5%) SHALL BE RETAINED BY THE CORPORATION 
TO FUND ITS CAPITAL EXPENDITURES AND EXPANSION OF ITS 
OPERATIONS INCLUDING BUT NOT LIMITED TO, THE ACQUISITION OF 
LAND AND THE CONSTRUCTION OF HOTELS AND OTHER FACILITIES 
RELATED TO ITS POWERS AND FUNCTIONS: 
(b) AFTER DEDUCTING THE PROVISION UNDER PARAGRAPH (a) 
HEREOF, FIVE PERCENT (5%) SHALL BE REMITTED TO THE BUREAU OF 
INTERNAL REVENUE AS FRANCHISE TAX; 
10 


(c) AFTER DEDUCTING THE PROVISIONS UNDER PARAGRAPHS (a) 
AND (b) HEREOF, THE FIVE PERCENT (5%) SHARE OF THE PHILIPPINES 
SPORTS COMMISSION (PSC) SHALL BE COMPUTED AND DIRECTLY 
REMITTED TO THE PSC; 
(d) AFTER DEDUCTING THE PROVISIONS UNDER PARAGRAPHS (a), 
(b), AND (c) HEREOF, TEN PERCENT (10%) SHALL BE DIRECTLY 
REMITTED 
TO 
THE 
DEPARTMENT OF EDUCATION 
FOR 
THE 
CONSTRUCTION OF SCHOOL BUILDINGS, THE MODERNIZATION OF 
EXISTING 
SCHOOL 
FACILITIES AND 
THE 
RESTORATION 
AND 
MAINTENANCE OF HISTORICAL, CULTURAL AND HERITAGE SITES, AS 
MAY BE DETERMINED BY THE OFFICE OF THE PRESIDENT; 
(e) AFTER DEDUCTING THE PROVISIONS UNDER PARAGRAPHS (a), 
(b), (c), AND (d) HEREOF, TEN PERCENT (10%) SHALL BE DIVIDED 
EQUALLY BETWEEN, AND DIRECTLY REMITTED TO, THE ARMED 
FORCES OF THE PHILIPPINES (AFP) AND THE PHILIPPINE NATINAL 
POLICE (PNP) FOR THE MODERNIZATION AND UPGRADING OF THEIR 
EQUIPMENT AND HOUSING FOR THEIR PERSONNEL; 
(r) AFTER DEDUCTING THE PROVISIONS UNDER PARAGRAPHS (a), 
(b), (c), (d) AND (e) HEREOF, ONE PERCENT (1%) SHALL BE REMITTED TO 
THE BOARD OF CLAIMS: 
(9) AFTER DEDUCTING THE PROVISIONS UNDER PARAGRAPHS (a), 
(b), (c), (d), (e) AND (f) HEREOF, THREE PERCENT (3%) SHALL BE 
ALLOCATED FOR THE FUNDING OF LAWS ENACTED BY THE CONGRESS 
OF THE PHILIPPINES; AND 
(h) AFTER DEDUCTING THE PROVISIONS UNDER PARAGRAPHS (a), 
(b), (c), (d), (e), (f) AND (9) HEREOF, THIRTY PERCENT (30%) SHALL BE 
REMITTED TO THE NATIONAL TREASURY. 
THE BALANCE IN THE GROSS WINNINGS AFTER THE FOREGOING 
DEDUCTIONS SHALL BE ALLOCATED BETWEEN THE OPERATIONAL 
EXPENSES OF THE CORPORATION AND THE PRESIDENT’S SOCIAL FUND 
AS MAY BE DETERMINED BY THE BOARD OF DIRECTORS. 
SEC. 13. Exemptions - 
(1) 
Customs duties, taxes and other imposts- on importations - All 
importations of equipment, vehicles, automobiles, boats, ships, barges, aircraft, 
and such other gambling paraphernalia, including accessories or related 
facilities, for the sole and exclusive use of the casinos, the proper and efficient 
management and administration thereof, and such other clubs, recreation or 
amusement places to be established under and by virtue of this Franchise shall 
be exempt from the payment of all kinds of customs duties, taxes, and other 
imposts, including all kinds of fees, levies, or charges of any kind or nature, 
whether National or Local. 
Vessel andlor accessory ferry boats imported or to be imported by any 
corporation having existing contractual arrangement with the Corporation, for the 
sole and exclusive use of the casino or to be used to service the operations and 
requirements of the casino, shall likewise be totally exempt from the payment of 
all customs duties, taxes and other imposts, including all kind of fees, levies, 
assessments or charges of any kind or nature, whether National or Local. 
11 


(2) Income and other taxes. - (a) Franchise Holder: No tax of any kind 
or form, income, or otherwise, as well as fees, charges or levies of whatever 
nature, whether National or Local, shall be assessed and collected under this 
Franchise from the Corporation, except a Franchise Tax of five (5%) percent on 
the WINNINGS derived by the Corporation from its operation under this 
Franchise. Such tax shall be due and payable quarterly to the National 
Government and shall be in lieu of all kinds of taxes, levies, fees or assessments 
of any kind, nature or description, levied, established or collected by any 
municipal, provincial or national government authority. 
Others: The exemption herein granted for earnings derived from the 
operations conducted under the franchise, specifically from the payment of any 
tax, income or otherwise, as well as any form of charges, fees, levies, shall inure 
to the benefit of and extend to corporation(s), association(s), agency(ies), or 
individual(s) with whom the Corporation has any contractual relationship in 
connection with the operations of the casino(s) AND SUCH OTHER FORMS OF 
AMUSEMENT, ENTERTAINMENT, RECREATION AND GAMES OF CHANCE 
authorized to be conducted under this Franchise and to those receiving 
compensation or other remuneration from the Corporation or operator as a result 
of essential facilities furnished and lor technical services rendered to the 
Corporation or operator. 
Corporation or operator in pursuance of this provision shall be free of any tax. 
(b) 
The fee or remuneration of foreign entertainers contracted by the 
(3) 
Dividend Income.-THE 
CORPORATION SHALL DECLARE AND 
REMIT 
CASH 
OR 
PROPERTY 
DIVIDENDS 
TO 
THE 
NATIONAL 
GOVERNMENT AT A RATE TO BE DETERMINED BY THE BOARD OF 
DIRECTORS SUBJECT TO THE EXCEPTIONS PROVIDED IN THE 
CORPORATION CODE. [Notwithstanding any provision of law to the contrary, in 
the event the Corporation should declare a cash dividend, that portion of the 
dividend income corresponding to the participation of the private sector shall, as 
an incentive to the beneficiaries, be subject only to a final income tax rate of ten 
(10%) percent in lieu of the regular income tax rates. The dividend income shall 
not in such case be considered as part of beneficiaries' taxable income; 
provided, however, that such dividend income shall be totally exempted from 
income or other forms of taxes if invested within six (6) months from the date the 
dividend income is received, in the following: 
(a) operation of the casino(s) or investments in any affiliate activity 
that will ultimately redound to the benefit of the Corporation or any other 
corporation with whom the Corporation has any existing arrangements in 
connection with or related to the operations of the casino(s); 
(b) Government bonds, securities, treasury notes, or debentures; or 
(c) BOI-registered or export-oriented corporation(s).] 
Utilization of Foreiun Currencies.-The 
Corporation shall have the 
right and authority, solely and exclusively in connection with the operations of the 
casino(s), to purchase, receive, exchange and disburse foreign exchange, 
subject to the following terms and conditions: 
(4) 
(a) A specific area in the casino(s) or gaming pit shall be put up 
solely and exclusively for players and patrons utilizing foreign currencies; 
12 


(b) The Corporation shall appoint and designate a duly accredited 
commercial bank agent of the BANGKO SENTRAL NG PILIPINAS 
[Central Bank], to handle, administer and manage the use of foreign 
currencies in the casino(s); 
(c) The Corporation shall provide an office at casino(s) exclusively 
for the employees of the designated bank, agent of the Central Bank, 
where the Corporation shall maintain a dollar account which will be utilized 
exclusively for the above purpose and the casino dollar treasury 
employees; 
(d) Only persons with foreign passports or certificates of identity (for 
Hong Kong patron only) duly issued by the government or country of their 
residence will be allowed to play in the foreign exchange gaming pit; 
(e) Only foreign exchange prescribed to form part of the Philippine 
International Reserve and the following foreign exchange currencies: 
Australian Dollar, Singapore Dollar, Hong Kong Dollar, shall be used in 
this gaming pit; 
(9 The disbursement, administration, management and recording of 
foreign exchange currencies used in the casino(s) shall be carried out in 
accordance with existing foreign exchange regulations; and periodical 
reports of the transactions in such foreign exchange currencies by the 
Corporation shall be duly recorded and reported to the Central Bank thru 
the designated Agent Bank and 
(9) The Corporation shall issue the necessary rules and regulations 
for the guidance and information of players qualified to participate in the 
foreign exchange gaming pit, in order to make certain that the terms and 
conditions as above set forth are strictly complied with. 
SEC. 14. Other Conditions - 
(1) &.-The 
Corporation shall conduct the gambling activities or 
games of chance on land or water within the territorial jurisdiction of the Republic 
of the Philippines. When conducted on water, the Corporation shall have the right 
to dock the floating casino(s) in any part of the Philippines where vessels/boats 
are authorized to dock under the Customs and Maritime Laws. 
(2) D.-Gambling 
activities may be held and conducted at anytime of 
the day or night; Provided, however, that in places where curfew hours are 
observed, all players and personnel of the gambling casinos shall remain within 
the premises of the casinos. 
(3) Persons allowed to play.- 
Philippines; 
(b) Residents with a gross MONTHLY income for the previous year 
of at least P50,OOO.OO; [which fact shall be certified to by the Bureau of 
Internal Revenue]; and 
(c) The [number of] guests of the above-mentioned qualified 
persons [shall be limited to two (2) only;]; Provided, that the said guests 
are at least 21 years of age; 
[a] Tourists and I or foreigners who are not residents of the 
13 


(4) Persons not allowed to play.- 
government or any of its agencies; 
Army, Navy, Air Force or Constabulary]; and 
(a) Government officials connected directly with the operation of the 
(b) Members of the Armed Forces of the Philippines; [including the 
(c) Persons under 21 years of age or students of any school, 
college or university in the Philippines. 
From these are excepted the personnel employed by the casinos, 
special guests, or those who at the discretion of the Management may be 
allowed to stay in the premises. 
(5) Operation of related services -The 
Corporation is authorized to 
operate such necessary and related services, shows and entertainment. Any 
income that may be realized from these related services shall not be included as 
part of the income of the Corporation for the purpose of applying the franchise 
tax, but the same shall be considered as a separate income of the Corporation 
and shall be subject to income tax. 
TITLE V-GOVERNMENT 
AUDIT 
SEC. 15. Auditor: - The Commission on Audit or any government agency 
that the Office of the President may designate shall appoint a representative who 
shall be the Auditor of the Corporation and such personnel as may be necessary 
to assist said represehtative in the performance of his duties. The salaries of the 
Auditor or representative and his staff shall be fixed by the Chairman of the 
Commission on Audit or designated government agency, with the advice of the 
Board, and said salaries and other expenses shall be paid by the Corporation. 
The funds of the Corporation to be covered by the audit shall be limited to the 5% 
franchise tax and the [50% of the gross earnings pertaining to the government as 
its share.] AMOUNT TO BE REMITTED TO THE NATIONAL TREASURY. 
TITLE VI-EXEMPTION FROM CIVIL SERVICE LAW, SALARY 
STANDARDIZATION AND LABOR LAWS AND 
CREATION OF PROVIDENT FUND 
SEC. 16. Exer)lption.-All 
positions in the corporation, whether technical, 
administrative, professional or managerial are exempt from the provisions of the 
Civil 
Service 
Law, 
rules 
and 
regulations, 
AND 
THE 
SALARY 
STANDARDIZATION LAW and shall be governed only by the personnel 
management policies set by the Board of Directors. All employees of the casinos 
and related services shall be classified as “Confidential” appointees. 
SECTION 17. PROVIDENT FUND, RETIREMENT AND PENSION 
ESTABLISH, OPERATE AND ADMINISTER ITS OWN RETIREMENT AND 
PENSION SYSTEMS FOR ITS EMPLOYEES AND OFFICERS. PAGCOR 
SHALL LIKEWISE CREATE, ESTABLISH, OPERATE AND ADMINISTER A 
SYSTEM-CREATION AND ADMINISTRATION - 
PAGCOR SHALL CREATE, 
14 


“PROVIDENT FUND” WHICH SHALL CONSISTS OF CONTRIBUTIONS 
MADE BOTH BY THE PAGCOR AND ITS OFFICERS OR EMPLOYEES TO A 
COMMON FUND FOR THE PAYMENT OF BENEFITS TO SUCH OFFICER OR 
EMPLOYEE OR HIS HEIRS UNDER SUCH TERMS AND CONDITIONS AS ITS 
BOARD OF DIRECTORS MAY FIX. 
FlTLE VI1 - TRANSITORY PROVISIONS] 
[Sec. 17. Transitory Provisions - The properties, monies, assets, rights, 
choses in action, obligations, liabilities, records and contracts of the Philippine 
Amusement and Gaming Corporation (PAGCOR) under Presidential Decree 
Nos, 1067-A, 1067-8, 1067-C, 1399 and 1632 shall continue to be vested in and 
assumed by the Corporation, pursuant to this Decree. 
Likewise, all personnel of PAGCOR under the above-mentioned Decree 
shall be absorbed by the Corporation under this Decree and shall remain in their 
respective positions without demotion in rank or reduction in salary: provided, 
that employees who shall be separated from the Corporation shall be given at 
least one month gratuity for every full year of service, in fraction of over six 
months being considered a full year, but in no case more than twenty-four 
months salary, in addition to all benefits to which they may be entitled under 
existing laws, rules and regulations.] 
SEC. 18. Exemption From Labor Laws - No union or any form of 
association shall be formed by all those working as employees of the casino or 
related services whether directly or indirectly. For such purpose, all employees of 
the casinos or related services shall be classified as “confidential” appointees 
and their employment thereof, whether by the franchise holder, or the operators, 
or the managers, shall be exempt from the provisions of the Labor Code or any 
implementing rules and regulations thereof. 
TITLE VII-GAMING AND AMUSEMENT ENTERPRISE ZONES 
SEC. 19. CREATION OF THE GAMING AND AMUSEMENT ENTERPRISE 
THIS ACT, PAGCOR SHALL ESTABLISH WHAT SHALL HEREINAFTER BE 
REFERRED TO AS GAMING AND AMUSEMENT ENTERPRISE ZONES 
(GAEZs) WHICH SHALL BE SUPERVISED AND REGULATED BY PAGCOR. 
ZONES (GAEZS). - IN ORDER TO FURTHER THE OBJECTIVES UNDER 
THE GAEZs ARE SELECTED AREAS THAT ARE HIGHLY DEVELOPED 
OR WHICH HAVE THE POTENTIAL TO BE DEVELOPED INTO WORLD- 
CLASS AND GLOBALLY-COMPETITIVE GAMING, AMUSEMENT AND 
RECREATIONAL ZONES AND DESTINATIONS. 
THE GAEZs SHALL CATER TO LOCATORS FROM THE DIFFERENT 
INVESTORS ENGAGED IN THE GAMING AND AMUSEMENT INDUSTRIES 
AND ITS ANClLLlARY SERVICES, INCLUDING BUT NOT LIMITED 
TO: THEME PARKS, HOTELS, CASINOS, CONVENTION CENTERS, GAMING 
CLUBS, RESORTS, RESTAURANTS, HEALTH AND FITNESS, SPORTS, 
ZOOS AND OTHER ECOLOGICAL MARINE AND WILDLIFE SANCTUARIES, 
FILM LOCATIONS AND CINEMATOGRAPHIC LABORATORIES, THEATERS 
AND 
COLISEUMS, 
RACE TRACKS, 
AND 
OTHER 
GAMING AND 
AMUSEMENT RELATED INVESTMENTS. 
15 


THE GAMING AND AMUSEMENT ENTEPRISE ZONES MAY ESTABLISH 
INVESTMENT AGREEMENTS WITH OTHER ENTITIES IN THE COUNTRY, 
OR WITH FOREIGN ENTITIES OR ENTERPRISES STATES SUBJECT TO 
THE ADMINISTRATIVE GUIDANCE OF THE DEPARTMENT OF FOREIGN 
AFFAIRS AND/OR THE DEPARTMENT OF TRADE AND INDUSTRY. 
SEC. 20. ESTABLISHMENT OF OTHER GAMING AND AMUSEMENT 
AMUSEMENT ZONES TO BE CREATED BY PAGCOR, OTHER AREAS MAY 
BE ESTABLISHED AND DEVELOPED AS GAMING AND AMUSEMENT 
ENTERPRISE ZONES, THROUGH ANY OF THE FOLLOWING SCHEMES: 
ENTERPRISE ZONES (GAEZS). - IN ADDITION TO THE GAMING AND 
(A) 
PRIVATE INITIATIVE 
(B) 
LOCAL GOVERNMENT INITIATIVE WITH THE ASSISTANCE OF 
THE NATIONAL GOVERNMENT 
(C) 
NATIONAL GOVERNMENT INITIATIVE 
IN A PROCLAMATION TO BE ISSUED BY THE PRESIDENT OF THE 
PHILIPPINES, UPON RECOMMENDATION OF THE PAGCOR, BASED ON A 
DETAILED 
MASTER 
PLAN, 
FEASIBILITY 
STUDY, 
DETAILED 
ARCHITECHTURAL DESIGN, AND ENVIRONMENT IMPACT ASSESSMENT 
(EIA), WHENEVER APPLICABLE, THE GAEZ MUST CONFORM TO THE 
FOLLOWING CRITERIA: 
(a) 
THE PROPOSED AREA MUST BE STRATEGICALLY 
LOCATED AND IDENTIFIED AS A REGIONAL GROWTH CENTER IN 
REGIONAL DEVELOPMENT COUNCIL: 
THE MEDIUM-TERM PHILIPPINE DEVELOPMENT PLAN OR BY THE 
(b) THE EXISTENCE OF REQUIRED INFRASTRUCTURE IN THE 
PROPOSED GAMING AND AMUSEMENT ENTERPRISE ZONE, SUCH 
AS ROADS, RAILWAYS, TELEPHONES, PORTS, AIRPORTS, ETC., 
AND THE SUITABILITY AND CAPACITY OF THE PROPOSED SITE TO 
ABSORB SUCH IMPROVEMENTS: 
(c) THE AVAILABILITY OF WATER SOURCE AND ELECTRIC 
POWER SUPPLY FOR USE OF THE GAMING AND AMUSEMENT 
ENTERPRISE ZONE; 
(d) THE EXTENT OF VACANT LANDS AVAILABLE FOR 
INDUSTRIAL AND COMMERCIAL DEVELOPMENT AND FUTURE 
EXPANSION OF THE GAMING AND AMUSEMENT ENTERPRISE 
ZONE AS WELL AS ADJACENT LANDS AVAILABLE FOR THE 
DEVELOPMENT OF RESIDENTIAL AREAS FOR THE WORKERS; 
(e) THE AVAILABILITY OF SKILLED, SEMI-SKILLED AND NON- 
SKILLED TRAINABLE LABOR FORCE IN AND AROUND THE GAMING 
AND AMUSEMENT ENTERPRISE ZONE; AND 
(f) THE AREA MUST HAVE A SIGNIFICANT INCREMENTAL 
ADVANTAGE OVER THE EXISTING ECONOMIC ZONE AND ITS 
POTENTIAL PROFITABILITY CAN BE ESTABLISHED. 
16 


OTHER AREAS WHICH DO NOT MEET THE FOREGOING 
CRITERIA MAY BE ESTABLISHED AS GAMING AND AMUSEMENT 
ENTERPRISE ZONE: PROWDfD, THAT THE SAID AREA SHALL BE 
DEVELOPED ONLY THROUGH LOCAL GOVERNMENT AND/OR 
PRIVATE SECTOR INITIATIVE UNDER ANY OF THE SCHEMES 
TRANSFER LAW), AND WITHOUT ANY FINANCIAL EXPOSURE ON 
THE 
PART OF THE 
NATIONAL GOVERNMENT: 
PROVIDED, 
FURTHER, THAT AFTER (5) YEARS THE AREA MUST HAVE 
ATTAINED A SUBSTANTIAL DEGREE OF DEVELOPMENT, THE 
INDICATORS OF WHICH SHALL BE FORMULATED BY PAGCOR. 
ALLOWED IN REPUBLIC ACT NO. 6957 (THE BUILD-OPERATE- 
ANY PRIVATE ENTERPRISE THAT SHALL VOLUNTARILY APPLY 
FOR 
CONVERSION 
INTO 
A 
GAMING 
AND 
AMUSEMENT 
ENTERPRISE ZONE 
MAY 
BE GRANTED 
A 
LICENSE OR 
CERTIFICATE OF AFFILIATION BY PAGCOR. 
THE METES AND BOUNDS OF EACH GAMING AND AMUSEMENT 
ENTERPRISE ZONE 
SHALL 
BE 
DELINEATED AND 
MORE 
PARTICULARLY DESCRIBED IN A PROCLAMATION TO BE ISSUED 
BY 
THE 
PRESIDENT OF 
THE 
PHILIPPINES, 
UPON 
THE 
RECOMMENDATION OF PAGCOR, IN COORDINATION WITH THE 
MUNICIPAL AND/OR CITY COUNCIL, NATIONAL LAND USE 
COORDINATING COMMITTEE AND /OR THE REGIONAL LAND USE 
COMMITTEE. 
SEC. 21. OPERATIONS AND ADMINISTRATION OF GAMING AND 
CONSTITUTION, AND IN THE INTEREST OF NATIONAL SOVEREIGNTY 
AND TERRITORIAL INTEGRITY OF THE REPUBLIC, PAGCOR SHALL 
DEVELOP GAMING AND AMUSEMENT ENTERPRISE ZONES THAT ARE 
AMUSEMENT ENTERPRISE ZONE. - WITHIN THE FRAMEWORK OF THE 
DECENTRALIZED, SELF-RELIANT, SELF-SUSTAINING, WORLD-CLASS 
AND GLOBALLY-COMPETITIVE LEISURE, ENTERTAINMENT AND GAMING 
CENTERS, THROUGH THE ISSUANCE OF A LICENSE OR CERTIFICATE OF 
AFFILIATION. 
PAGCOR SHALL EXERCISE SUPERVISION OVER THE DEVELOPMENT 
AND AFFAIRS OF THE GAMING AND AMUSEMENT ENTERPRISE ZONES 
AND 
SHALL 
PROVIDE 
EACH 
GAEZ 
WITH 
TRANSPORTATION, 
TELECOMMUNICATIONS, 
AND 
OTHER 
FACILITIES 
NEEDED 
TO 
GENERATE 
LINKAGE 
WITH 
INDUSTRIES 
AND 
EMPLOYMENT 
OPPORTUNITIES FOR ITS OWN INHABITANTS AND THOSE OF NEARBY 
TOWNS AND CITIES. 
WITH 
PRIOR CONSENT OF THE 
PRESIDENT AND 
UPON 
CONSULATATION 
WITH 
CONCERNED 
GOVERNMENT 
AGENCIES, 
PAGCOR MAY GRANT BUSINESS INCENTIVES TO BOTH FOREIGN AND 
LOCAL LOCATORS WHICH CAN COME IN THE FORM OF BUT NOT 
LIMITED TO TAX SHELTERS, ASSISTANCE IN IMMIGRATION RELATED 
INCENTIVES PROVIDED FOR BY LAWS. 
COMPLIANCE AND OTHER ALLOWABLE FISCAL AND NON-FISCAL 
SEC.22.ONE STOP SHOP. - PAGCOR SHALL ESTABLISH A ONE 
STOP SHOP FOR THE PURPOSE OF FAClLlTlATlNG THE REGISTRATION 
OF NEW GAMING AND AMUSEMENT ENTERPRISES IN THE GAMING AND 
17 


AMUSEMENT ENTPRISE ZONES. 
AS 
SUCH, 
ALL 
APPROPRIATE 
GOVERNMENT AGENCIES THAT ARE INVOLVED IN REGISTERING, 
LICENSING OR ISSUING PERMITS TO INVESTORS SHALL ASSIGN THEIR 
REPRESENTATIVES TO THE GAEZ TO ATTEND TO INVESTOR’S 
REQUIREMENTS. 
SEC. 23. PROTECTION OF 
ENVIRONMENT. - THE 
GAEZS, 
IN 
COORDINATION WITH 
THE 
APPROPRIATE 
AGENCIES OF THE 
GOVERNMENT, SHALL TAKE THE APPROPRIATE STEPS AND ENACT THE 
PROPER 
MEASURES FOR 
THE 
PROTECTION OF 
THE 
LOCAL 
ENVIRONMENT. 
TITLE Vlll - IMPLEMENTING, REPEALING, SEPARABILITY AND 
EFFECTIVITY CLAUSES 
SEC. 24. IMPLEMENTING RULES AND REGULATIONS (IRR) - WITHIN 
SIX ( 6) MONTHS FROM THE EFFECTIVITY OF THIS ACT, THE PHILIPPINE 
AMUSEMENT 
AND 
GAMING 
CORPORATION 
(PAGCOR), 
IN 
CONSULTATION WITH THE DEPARTMENT OF TRADE AND INDUSTRY 
(DTI), PHILIPPINE ECONOMIC ZONE AUTHORITY (PEZA), DEPARTMENT 
OF TOURISM (DOT), SHALL FORMULATE THE APPROPRIATE RULES AND 
REGULATIONS NECESSARY TO EFFECTIVELY IMPLEMENT ANY OR ALL 
OF THE PROVISIONS OF THIS ACT. 
SECTION 25 [I 
91 Repealinq Clause.-All 
laws, decrees, executive orders, 
PROCLAMATIONS, rules, [or] regulations [inconsistent herewith] AND OTHER 
ISSUANCES, OR PARTS THEREOF WHICH ARE INCONSISTENT WITH THE 
PROVISIONS OF THIS ACT are hereby repealed, amended or modified. 
SECTION 26. S€PARAB/L/TY CLAUSE-THE 
PROVISIONS OF THIS 
ACT ARE HEREBY DECLARED TO BE SEPARABLE, AND IN THE EVENT 
ANY 
ONE 
OR 
MORE 
OF 
SUCH 
PROVISIONS 
ARE 
HELD 
UNCONSTITUTIONAL, THE VALIDITY OF THE OTHER PROVISIONS SHALL 
NOT BE AFFECTED. 
SECTION 27 [20]. Effectivity CLAW€- 
Dhis Decree shall take effect 
immediately.] THIS ACT SHALL TAKE EFFECT FIFTEEN (15) DAYS FROM 
THE DATE OF ITS PUBLICATION IN AT LEAST TWO (2) NEWSPAPERS OF 
GENERAL CIRCULATION IN THE PHILIPPINES. 
Approved. 
18