Section 9Sec./Art. 9

1aшphi1 In consideration of the franchise and rights herein granted, the grantee shall pay to the National Treasury a franchise tax equal to twenty-five percent (25%) of its gross earnings, which is equivalent to the commissions/fees earned by the grantee out of total wager funds, allotted as follows:

(a) Five percent (5%) to the national government;

(b) Five percent (5%) to the City of Kalookan;

(c) Seven percent (7%) to the Kalookan City General Hospital;

(d) Six percent (6%) to the Philippine Anti-Tuberculosis Society; and

(e) Two percent (2%) to the White Cross.

The said tax shall be paid monthly and shall be in lieu of any and all taxes, except the income tax, of any kind, nature and description levied, established or collected by any authority whether barrio, municipality, city, provincial or national, on its properties, whether real or personal, from which taxes the grantee is hereby expressly exempted.