Be it enacted by the National Assembly of the Philippines:

Sec. 1. Sections one, three, and four of Commonwealth Act Numbered One hundred and fifty-six are amended to read as follows:

"Sec. 1 The Anti-tuberculosis Society is authorized to hold annually twelve horse races, with betting, for charitable and civic purposes and to promote horse breeding in the Philippines, on a race course or race courses. The horses entered in one of these races which shall be known as 'Griffins Race,' shall be such as were foaled in, and have not yet run in any race course of, the Philippines. Divided into two groups, one shall be for horses not over fifty-six inches in height, and another for those in excess thereof."

"SEC. 3. In addition to the races mentioned in section one of this Act a national race shall also be held on a day in the month of February or March of reach year to be fixed in the Philippine Anti-tuberculosis Society two months in-advance. At this national race there shall be two special races, one to be known as the 'Senior Grand Derby' shall be for horses in excess of fifty-six inches, in height and shall be run over a distance of one mile; and the other to be Known as -the Junior Grand Derby' which shall be run over the same distance and in which only horses not over fifty-six inches-in height may be entered. In these special races only horses may participate-that have taken part in the griffins' races held during the Previous year, in accordance with this Act: Provided, That in order that a horse may take part in these Grand Derby races, if shall be registered thirty days previously: And provided, further, That horses winning the first, second, and third places in the Sweepstakes' races held during the previous year, may also participate in these races and shall be subject to such rules and regulations as may be prescribed by the Society for the purposes of this Act. The other races of said day shall be ordinary races in which serial horses may participate.

"Sec. 4. All proceeds derived from said national race, after deducting the expenses of administration which shall not be in excess of twenty per centum of the gross receipts, plus the one fourth of twenty per centum accumulated under section two, shall be set aside for the payment of prizes in the following proportion: thirty per centum to pay prizes to horses winning the first, second, and third places in the 'Senior Grand Derby; thirty per centum to pay prizes to horses winning the first, second, and third places in the 'Junior Grand Derby' thirty per centum to pay prizes to horses winning in other ordinary races on that day; and ten per centum to pay prizes, in equal parts, to the breeders of the horses winning first places in the 'Senior Grand Derby' and 'Junior Grand Derby'."

Sec. 2. This Act shall take effect upon its approval.

Enacted, without Executive approval, June 18, 1939.