Section 1. Separation and Conversion into a National Vocational High School. – The Magallanes National Vocational High School – Cagbolo Annex in Barangay Cagbolo, Municipality of Magallanes, Province of Sorsogon is hereby separated from the Magallanes National Vocational High School and converted into an independent national vocational high school to be known as Cagbolo National Vocational High School.

SEC. 2. Transfer of Assets and Liabilities. – All personnel, assets, liabilities and records of the Magallanes National Vocational High School – Cagbolo Annex are hereby transferred to and absorbed by the Cagbolo National Vocational High School.

SEC. 3. Appropriations. – The Secretary of Education shall immediately include in the Department’s program the operationalization of the Cagbolo National Vocational High School, the initial funding of which shall be charged against the current year’s appropriations of the Magallanes National Vocational High School – Cagbolo Annex. Thereafter, the amount necessary for the continued operation of the school shall be included in the annual General Appropriations Act.

SEC. 4. Implementation. – The Secretary of Education shall issue rules and regulations that may be necessary to carry out the purpose of this Act.

SEC. 5. Effectivity. – This Act shall take effect fifteen (15) days after its publication in the Official Gazette.

Approved,

This Act which originated in the House of Representatives was finally passed by the House of Representatives and the Senate on August 3, 2011 and July 24, 2012, respectively.

Approved: NOV 15 2012

(Sgd.) BENIGNO S. AQUINO III
President of the Philippines