CHAPTER X ANCESTRAL DOMAINS FUND

SEC. 71. Ancestral Domains Fund. - There is hereby created a special fund, to be known as
the Ancestral Domains Fund, an initial amount of One hundred thirty million pesos
(P130,000,000) to cover compensation for expropriated lands, delineation and development
of ancestral domains. An amount of Fifty million pesos (P50,000,000) shall be sourced from
the gross income of the Philippine Charity Sweepstakes Office (PCSO) from its lotto
operation, Ten million pesos (P10,000,000) from the gross receipts of the travel tax of the
preceding year, the fund of the Social Reform Council intended for survey and delineation of
ancestral lands/domains, and such other source as the government may deem appropriate.
Thereafter, such amount shall be included in the annual General Appropriations Act. Foreign
as well as local funds which are made available for the ICCs/lPs through the government of
the Philippines shall be coursed through the NCIP. The NCIP may also solicit and receive
donations, endowments and grants in the form of contributions, and such endowments shall
be exempted from income or gift taxes and all other taxes, charges or fees imposed by the
government or any political subdivision or instrumentality thereof.