WHEREAS, the Philippine Racing Commission (PHILRACOM) has the exclusive jurisdiction and control over all aspects of horseracing including the framing and scheduling of races as provided in Presidential Decree No. 420;

WHEREAS, the PHILRACOM supports and aims to improve the breed of Philippine horses;

WHEREAS, the support to locally bred horses consists in providing ready market to the said locally-bred horses aside from putting up races exclusively for the local horses;

WHEREAS, as a show of support to the locally-bred horses and their owners, importation of horses from other countries should be allowed only after the horse owner/importer should have bred or otherwise should have in his ownership at least three (3) locally-bred horse/s; however, restriction shall not apply if the horse owner shall import a pregnant mare or a stallion/s.

NOW THEREFORE, the PHILRACOM resolved, as it hereby resolves, to allow a horse owner to import horses from other countries only after he has bred or otherwise has in his ownership at least three (3) locally-bred horses effective June 1, 2010.

RESOLVED FURTHER, that a copy of this resolution be furnished the horse owners and all persons concerned for their proper guidance.

APPROVED BY:

(SGD.) HONORABLE JOSE FERDINAND M. ROJAS II
  Chairman

(SGD.) HONORABLE REYNALDO G. FERNANDO
  Commissioner

(SGD.) HONORABLE VICTOR V. TANTOCO
  Commissioner

(SGD.) HONORABLE JAMES ERVING L. PAMAN
  Commissioner