Be it enacted by the National Assembly of the Philippines:

SECTION 1. Section eight hundred and eighty-seven of Act Numbered Twenty-seven hundred and eleven, otherwise known as the Revised Administrative Code, is hereby amended to read as follows:

"SEC. 887. License required for individual keeping arms for personal use—Security to be given.—Any person desiring to possess one or more firearms for personal protection or for use in hunting or other lawful purposes only, and ammunition thereof, shall make application for a license to possess such firearm or firearms or ammunition as hereinafter provided. Upon making such application, and before receiving the license, the applicant shall, for the purpose of security, deposit a United States or Philippine Government bond, or make a cash deposit in the Postal Savings Bank in the sum of forty pesos for each firearm for which the license is to be issued, and shall indorse the certificate of deposit therefor to the Philippine Treasurer, such deposit to bear no interest, or shall give a personal or property bond signed by two persons or by a surety company, in such form as the President may prescribe, payable to the Government of tlje Philippines, in the sum of one hundred pesos for each such firearm: Provided, however, That the existing bonds upon the approval of this Act shall continue as they are or, at the option of the interested party, the same can be renewed in accordance with the provisions hereof: Provided, further, That bona fide and active members of duly organized gun clubs and accredited by the Chief of Staff of the Philippine Army shall not be required to make the deposit or give the bond prescribed in this section.

SEC. 2. Section three of Act Numbered Thirty hundred and ninety-seven is hereby amended to read as follows:

"SEC. 3. Firearms license fees.—Any person holding a license to possess a firearm in accordance with section eight hundred and eighty-eight of the Administrative Code, as amended, shall pay the following initial and annual fees:

For each shotgun held on license:   Initial fee

P10.00

Annual fee

5.00

For each high-power rifle held on license:

Initial fee

15.00

Annual fee

5.00

For each revolver held on license, except caliber twenty-two revolver:

Initial fee

10.00

Annual fee

5.00

For each rifle held on license, except caliber twenty-two rifles:

Initial fee

10.00

Annual fee

5.00

Provided, however. That bona fide and active members of duly organized gun clubs and accredited by the Chief of Staff of the Philippine Army shall pay an initial fee of five pesos and an annual fee of two-pesos for each firearm held on license, caliber twenty-two revolver or rifle being "exempted therefrom.

SEC. 3. This Act shall take effect on July first, nineteen hundred and thirty-eight.

Approved, November 18, 1936.