QuestionsQuestions (EXECUTIVE ORDER NO. 357-A)
EO No. 357-A amends EO No. 357 (s. 1996) by modifying the allocation and sharing scheme of the 5% share for local government units (LGUs) from the Lotto Charity Fund, to rationalize the distribution among LGUs where lotto tickets are sold.
EO No. 357-A amends Executive Order No. 357, series of 1996.
EO 357-A states that EO 357 approved a five percent (5%) share for LGUs from the thirty percent (30%) Lotto Charity Fund.
It approves a proportionate grant from the thirty percent (30%) Lotto Charity Fund in favor of LGUs where lotto tickets are sold, subject to the applicable provisions on the use thereof under Republic Act (RA) No. 1169.
It provides that the grant to LGUs is subject to the provisions governing the use of the Lotto Charity Fund under RA No. 1169.
It changes the distribution: municipalities receive a 7% share to be shared on a 5:2 ratio between the municipality and its province, while cities receive a 5% share.
Municipalities receive seven percent (7%) total, to be shared on a 5:2 ratio between the municipality concerned and its province.
Cities receive five percent (5%) of the Lotto Charity Fund share allocated under the amended scheme.
Eligibility of LGUs for the shares depends on the locality where lotto tickets are sold, as stated in the executive order.
It states there is a need to amend in order to rationalize the sharing and distribution scheme to the concerned LGUs.
EO 357-A amends Sections 1 and 2 of EO No. 357, series of 1996.
It approves the proportionate grant from the 30% Lotto Charity Fund for LGUs where lotto tickets are sold, and ties the grant to the applicable provisions on the use of the fund under RA No. 1169.
It establishes the specific percentages and internal sharing ratios for municipalities and cities receiving their share of the Lotto Charity Fund under the executive order.
It states that the executive order shall take effect immediately.
It was signed by Fidel V. Ramos as President of the Philippines, with the attestation by the Executive Secretary Ruben D. Torres.
The municipality’s received share and the municipality-province split change: municipalities now receive 7% to be shared on a 5:2 ratio (municipality:province), replacing the former distribution described as a 3:2 ratio between municipality and province under the earlier scheme.