Republic Act No. 10824

AN ACT RENAMING THE MILAGROS SCHOOL OF FISHERIES, POPULARLY KNOWN AS THE MASBATE SCHOOL OF FISHERIES IN THE MUNICIPALITY OF MILAGROS, PROVINCE OF MASBATE, AS THE MASBATE INSTITUTE OF FISHERIES AND TECHNOLOGY

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. The Milagros School of Fisheries, popularly known as the Masbate School of Fisheries, which is under the direct supervision of the Technical Education and Skills Development Authority (TESDA) and located in the Municipality of Milagros, Province of Masbate is hereby renamed as the Masbate Institute of Fisheries and Technology, hereinafter referred to as the Institute.

SECTION 2. All assets, real and personal, personnel and records of the Milagros School of Fisheries, as well as liabilities or obligations, are hereby transferred to the Masbate Institute of Fisheries and Technology upon the effectivity of this Act. All plantilla positions shall be retained, with the rights and security of tenure of faculty members and personnel therein employed under existing laws prior to the effectivity of this Act.

SECTION 3. All laws, decrees, executive orders, rules and regulations or parts thereof which are inconsistent with this Act are hereby repealed, amended or modified accordingly.

SECTION 4. This Act shall take effect fifteen (15) days after its publication in the Official Gazette or in a newspaper of general circulation.

Approved,

(Sgd.) FRANKLIN M. DRILON

President of the Senate

(Sgd.) FELICIANO BELMONTE JR.

Speaker of the House

of Representatives

This Act which originated in the House of Representatives was passed by the House of Representatives and the Senate on May 19, 2015 and February 2, 2016, respectively.

(Sgd.) OSCAR G. YABES

Secretary of the Senate

(Sgd.) MARILYN B. BARUA-YAP

Secretary General

House of Representatives

Approved: MAY 19 2016

(Sgd.) BENIGNO S. AQUINO III

President of the Philippines