Law Summary
Authority to Issue Implementing Rules and Regulations
- The Department of Education, Culture and Sports (DECS) is mandated to issue necessary rules and regulations to implement the provisions of this Act.
Transfer and Retention of Assets, Records, and Personnel
- All assets (both immovable and movable), records, liabilities, and obligations of the former annex are transferred to the newly created independent school.
- The rights, positions, and security of tenure of personnel employed at the annex are protected under existing laws and shall not be impaired as a result of the separation.
Appropriation of Funds for Implementation and Operation
- The initial funding required for implementing the Act shall come from the current year's appropriations allocated to the EM's Signal Village Elementary School Annex.
- Future funding for the operation and maintenance of the Kapitan Jose Cardones Memorial Elementary School will be incorporated into the annual General Appropriations Act.
Effectivity
- The Act takes effect immediately upon approval by the President of the Philippines.