WHEREAS, under Presidential Decree No. 871, the Games and Amusements Board is empowered to promulgate rules and regulations to govern the conduct of professional basketball games and other professional games.

WHEREAS, Section 1 of Executive Order No. 159, series of 1994, directs all departments, bureaus, offices, units and agencies, including government owned and controlled corporations to revise their fees and charges to recover at least the full cost of services rendered and in order to make present fees and charges more realistic.

NOW, THEREFORE, I JOSEPH EJERCITO ESTRADA, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby approve and direct the immediate implementation of Resolution No. 98-03 dated August 25, 1998, hereto attached as œAnnex A .

Done in the City of Manila, this 8^th day of OCTOBER, in the year of Our Lord Nineteen Hundred and Ninety-Eight.

(Sgd.) JOSEPH EJERCITO ESTRADA
President of the Philippines

By the President:
(Sgd.) RONALDO B. ZAMORA
Executive Secretary