Capitalization.
Section 52
SEC. 52. Capitalization. — The TPB shall have an authorized capital of Two hundred fifty million pesos (Php250,000,000.00) which shall be fully subscribed by the national government.
RA 9593 (The Tourism Act of 2009) Section 52
Other provisions in CHAPTER III
- Section 47: Board of Directors.
- Section 48: The Chief Operating Officer.
- Section 49: Representative Directors.
- Section 50: Powers and Functions of the Tourism Promotions Board.
- Section 51: Meetings of the Board.
- Section 53: Strategic Marketing Plan.
- Section 54: Tourism Promotions Trust.
- Section 55: Tourism Promotions Fund.
- Section 56: Special Contingency Fund.
- Section 57: Exemption From Payment of Corporate Income Tax.
CitationRA 9593 (The Tourism Act of 2009) Section 52 (LawPlayer, data as of 2026-07-04)
Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).
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