WHEREAS, by virtue of the provisions of Commonwealth Act
numbered 485 the franchise to operate and maintain a fronton for the
Basque pelota and similar games of skill in the City of Manila, shall
expire on October, 1975 whereupon the ownership of the land, buildings
and improvements used in the said game will be transferred without
payment to the government by operation of law;
WHEREAS, there is a pressing need not only to further
develop the game as a sport and amusement for the general public but.
also to exploit its full potential in support of the government's
objectives and development programs;
WHEREAS, Basque pelota is a game of international renown,
the maintenance and promotion of which will surely assist the tourism
industry of the country;
WHEREAS, the tourism appeal of the game will be enhanced
only with the government's support and inducement in developing the
sport to a level at par with international standards;
WHEREAS, once such tourism appeal is developed, the same
will serve as a stable and expanding base for revenue generation for the
government's development projects.
NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the
Philippines, by virtue of the powers vested in me by the Constitution,
hereby decree as follows: