Section 17
SEC. 17. Source of Financing. The operational expenses of the Philippine Convention Bureau shall be drawn from the following: (1) A 25% share for the first year and 10% share thereafter from the annual travel tax fund (2) A uniform P200,000.00 yearly contribution from each of the government Board member institutions including the Philippine Airlines (3) Membership contribution to the extent of 1-½% of the gross annual income of individual members from the private sector (4) 50% of the annual hotel room tax fund (5) Convention Bureau members who are not engaged in profit making enterprises which shall be fixed by the Board of Governors (6) Subsidies and/or grants that may be received for the Philippine Convention Bureau.