WHEREAS, the Philippine Racing Commission (Philracom) has the exclusive jurisdiction and control over the conduct of Horseracing including the framing and scheduling of races, the construction and safety of Horse-racing, the allocation of prizes and the security of racing as provided in Presidential Decree No. 420;

WHEREAS, pursuant to the said mandate, the PHILRACOM Board of Commissioners have the power to impose penalties such as but not limited to fines and disqualification.

WHEREAS, a penalty of suspension imposed by the Board of Stewards may be appealed by an aggrieved jockey to the Office of the President within seventy-two (72) hours from receipt of the decision:

WHEREAS, a penalty of suspension imposed on an erring jockey may, upon the latter ™s instance, be reviewed and modified if circumstances so warrant upon payment of a fee of Php 1,500.00 despite the lapse of the seventy-two-hour-period to appeal.

NOW THEREFORE, the PHILRACOM Board of Commissioner approves, as it hereby approved, that a penalty of suspension imposed in an erring jockey may, upon the latter ™s instance, be reviewed and modified if circumstances so warrant upon payment of a fee of Php 1,500.00 despite the lapse of the seventy-two-hour-period to appeal.

APPROVED and SIGNED by the undersigned Chairman and Commissioners of the Philippine Racing Commission, this 23^rd of June 2010 at Makati City, Philippines.

(ORIGINAL SIGNED)