Preamble
WHEREAS, there is an urgent need to increase the financial resources of the government to meet its requirements for expanding economic development; WHEREAS, there are amusement places which have not adequately contributed to the common burden; WHEREAS, it is imperative that these amusement places contribute their just share to the government; NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the Philippines, by virtue of the powers vested in me by the Constitution, do hereby order and decree: