Funding of the Office of Private Education
- The Office of Private Education's total annual expenses are to be covered by regular appropriations in the national budget.
- Additional funding can come from an equitable assessment on private educational institutions.
Imposition of Assessment on Private Educational Institutions
- The President of the Philippines has authority to allow the Secretary of Instruction to levy a charge on private schools, colleges, and universities.
- This assessment is set at one percent of the total income from tuition and other fees.
- The purpose is to cover extra expenses related to supervision, regulation, and provision of textbooks.
Restrictions on Creation of New Positions and Textbook Transactions
- No new positions in the Office of Private Education may be created without the President's prior approval upon the Secretary of Instruction's recommendation.
- The Director of Private Education cannot purchase or sell textbooks unless the prices are approved by the President following the Secretary's advice.
Regulation and Enforcement of Assessment
- The Director, authorized by the Secretary of Instruction, is responsible for establishing rules governing the assessment's form, manner, and payment schedule.
- Non-payment of the assessment by any private educational institution may lead to the cancellation of its permit or recognition by the Secretary of Instruction.
Effectivity of the Act
- These provisions take effect starting from the school year 1946-1947.