MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ Proclamation No. 1693, November 28, 1977 ]

DECLARING 1978 AS BASKETBALL YEAR AND AUTHORIZING THE BASKETBALL ASSOCIATION OF THE PHILIPPINES (BAP) TO CONDUCT A FUND CAMPAIGN DURING THE PERIOD FROM DECEMBER 1, 1977 TO DECEMBER 31, 1978

WHEREAS, the Republic of the Philippines has been chosen as the site of the 8th World Basketball Championship Games scheduled in October, 1978, under the auspices of the Basketball Association of the Philippines (BAP) and the Federation Internationale de Basketball Amateur (FIBA);

WHEREAS, this prestigious international amateur basketball tournament will be participated in by the top three (3) countries of the Puerto Rico World Basketball Championship Games; the top three (3) countries of the Montreal Olympic Basketball Games; the Zonal Champions of North, Central and South America, Europe, Africa, Oceania and Asia; and the Philippines;

WHEREAS, this event will not only contribute to the country’s efforts to promote our tourist trade, add prestige and honor to the Philippines, but also will earn goodwill and gratitude of the millions of basketball fans throughout the world; and

WHEREAS, financial and logistical supports are required to insure the success of this vital undertaking;

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, do hereby declare 1978 as the Basketball Year, and authorize the Basketball Association of the Philippines (BAP) to conduct a nationwide fund campaign during the period from December 1, 1977 to December 31, 1978.

I call upon all citizens and residents of the Philippines, irrespective of nationality or creed, to give generously and participate actively in this campaign and thus help insure the successful hosting of the 8th World Basketball Championship Games.

All donations or contributions to and income of the fund campaign shall be exempt from income, gift, amusement and all other taxes; and the same shall further be deductible in full and shall not be included for purposes of computing the maximum amount deductible under Sec. 30, paragraph (h) of the National Internal Revenue Code, as amended.1aшphi1

IN WITNESS WHEREOF, I have hereunto set my hand and caused the seal of the Republic of the Philippines to be affixed.

Done in the City of Manila, this 28th day of November, in the year of Our Lord, nineteen hundred and seventy-seven.

(Sgd.) FERDINAND E. MARCOS
President of the Philippines

By the President:

(Sgd.) JUAN C. TUVERA
Presidential Assistant


The Lawphil Project - Arellano Law Foundation