You can do something like,
0 0 * * 5 /usr/bin/python /var/scripts/PLW.pl && if [[ $? -eq 0 ]]; then \
/bin/bash /path/to/run_once.bash ; \
fi
Note : && /bin/bash /path/to/run_once.bash will only run if previous command run successfully. So instead of using exit code, you can use &&'s inbuilt functionality.