Funding and budget release
- Section 2 provides that PHP 100,000 for the school’s operation shall be funded from the appropriations authorized by Batas Pambansa Blg. 230 for the Ministry of Education, Culture and Sports intended for new national high schools.
- Section 2 directs release of an additional amount equal to 50% of the school’s share in the budgetary aid actually paid to it before such conversion.
- Section 2 states that the additional 50% shall be released for operation from the national assistance fund to local schools.
- Section 2 requires that thereafter, whatever sum is necessary for operation and maintenance shall be included in the annual General Appropriations Act.
Effectivity and implementation timing
- Section 3 makes the Act effective upon its approval.
- The Act is approved on June 10, 1983.