903

(a) The initial capital of the Trust shall consist of the funds provided under § 915 of this title. The Permanent Special Fund shall also receive special appropriations from the Central Government, the Legislature, municipal governments or the United States Government, as well as funds originating from promoters, managers, trainers, persons related to this sport or individuals, corporations and private partnerships, ex-boxers and active boxers that contribute a percentage of the purse for each of their fights on Puerto Rican soil, pursuant to the rules of the Sports and Recreation Department itself, or through the Puerto Rico Professional Boxing Commission, pursuant to the provisions established in § 915 of this title, and the funds and personal and real property donated by natural or juridical persons.(b) The contributions from the private sector to this Fund shall be deductible from the income tax return of the donor, pursuant to the provisions of law. Any contribution or income received by the Trust shall be exempted from the payment of taxes.(c) The supervision of the public funds appropriated to the Trust, as well as the use thereof, shall be the duty of the Office of the

received by the Trust shall be exempted from the payment of taxes.(c) The supervision of the public funds appropriated to the Trust, as well as the use thereof, shall be the duty of the Office of the Comptroller of Puerto Rico exclusively. History —Aug. 26, 2005, No. 90, §§ 3—5.