Republic Act No. 4703

: The main purpose of Republic Act No. 4703 is to authorize the Philippine Charity Sweepstakes Office to hold one lottery annually for the benefit of the Quezon Institute, in addition to those lotteries already provided by law.
: The Philippine Charity Sweepstakes Office is authorized to hold the lottery.
: The Office is authorized to hold one lottery annually for the benefit of the Quezon Institute.
: The proceeds, after deducting the prizes and expenses as provided for in Republic Act No. 1169 (as amended), shall be turned over to the Quezon Institute for its support and maintenance.
: Yes, expenses incurred in relation to the lottery shall be subject to accounting and auditing regulations.
: It refers to Republic Act Numbered Eleven hundred sixty-nine (RA 1169), as amended.
: Yes, it amends Republic Act Numbered Four thousand six hundred thirty-two (RA 4632).
: Section One of RA 4632 is amended by RA 4703.
: It changes the title to read: 'An Act authorizing the Philippine Charity Sweepstakes Office to hold one lottery annually, for the benefit of the Quezon Institute, in addition to those now provided by law.'
: It took effect upon its approval on June 18, 1966.