Section 1.    The Valladolid National High School Extension in Barangay Perelos, Municipality of Carcar, Province of Cebu, is hereby separated from the Valladolid National High School in the Municipality of Carcar and converted into an independent national high school to be known as the Perelos National High School. 

Sec. 2.    The Department of Education, Culture and Sports shall issue such rules and regulations as may be necessary to carry out the provisions of this Act.

Sec. 3.    All personnel, assets, liabilities and records of the Valladolid National High School Extension are hereby transferred to and absorbed by the Perelos National High School.

Sec. 4.    The amount necessary for the implementation of this Act shall be charged against the current year's appropriations of the Perelos National High School included under the Department of Education, Culture and Sports and thereafter in the annual General Appropriations Act.

Sec. 5.    This Act shall take effect upon its approval.

Approved: August 22, 2000.