Legal framework for Real Estate Investment Trusts

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Republic Act No. 9856: Legal framework for Real Estate Investment Trusts

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Title Supreme Court: Establishing San Andres National High School

Law: Republic Act No. 7867

Decision Date: Jan 21, 1995

The Philippine Jurisprudence case involves the establishment of San Andres National High School in Bukidnon, with supervision and regulations provided by the Department of Education, Culture and Sports, and funding allocated through the General Appropriations Act.

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Authority for Rules and Regulations

The Secretary of Education, Culture and Sports is empowered to issue necessary rules and regulations.
These rules are intended to ensure the effective implementation of the Act establishing the school.

Appropriation of Funds

Funds necessary for the establishment and operation of the school shall be included in the General Appropriations Act.
Funding begins in the fiscal year following the law's enactment and continues thereafter.

Effectivity

The Act takes effect immediately upon its approval.

Other Provisions

The law was approved on January 21, 1995.
The establishment aims to enhance access to secondary education in the specified locality, contributing to educational development in Bukidnon.

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