Law Summary

1. Conversion into a National High School

• Legal Principle: The Loon South High School, located in Barangay Cuasi, Municipality of Loon, Province of Bohol, is officially converted into a national high school known as Loon South National High School.
• Key Definitions:
  • "Loon South High School": The existing educational institution prior to conversion.
  • "Loon South National High School": The new designation post-conversion.
• Important Requirements:
  • The conversion is enacted by Congress, indicating legislative authority.
• Consequences: The school will now receive national status and recognition.

2. Transfer of Assets and Liabilities

• Legal Principle: All personnel, assets, liabilities, and records of Loon South High School will be transferred to the newly established Loon South National High School.
• Key Definitions:
  • "Assets": Physical and financial resources of the school.
  • "Liabilities": Outstanding debts or obligations of the school.
• Important Requirements:
  • The transfer is automatic upon the enactment of this law.
• Consequences: Loon South National High School will assume full operational responsibility and all existing obligations.

3. Appropriations

• Legal Principle: The Secretary of Education is mandated to include the operationalization of Loon South National High School in the Department of Education’s programs and budget.
• Key Definitions:
  • "Operationalization": The process of making the school functional and integrated into the educational system.
• Important Requirements:
  • Funding for this purpose is to be included in the annual General Appropriations Act.
• Relevant Timeframes:
  • Immediate action is required by the Secretary of Education following the enactment of the law.

4. Implementation

• Legal Principle: The Secretary of Education is authorized to issue necessary rules and regulations for the effective implementation of this Act.
• Important Requirements:
  • The issuance of rules and regulations is essential to carry out the provisions of the Act.

5. Effectivity

• Legal Principle: This Act will take effect fifteen (15) days after its publication in the Official Gazette.
• Relevant Timeframes:
  • The effective date is contingent upon the publication date in the Official Gazette.

Key Takeaways

• Conversion: Loon South High School is converted into Loon South National High School.
• Transfer of Assets: All existing resources and obligations are transferred to the new institution.
• Funding: Operational funding will be included in the annual budget by the Secretary of Education.
• Regulatory Authority: The Secretary of Education will establish necessary regulations for implementation.
• Effective Date: The Act becomes effective 15 days post-publication in the Official Gazette.