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REPUBLIC ACT NO. 5363 - AN ACT CHANGING THE NAME OF THE NORTHERN MINDANAO INSTITUTE OF TECHNOLOGY TO ILIGAN INSTITUTE OF TECHNOLOGY, INTEGRATING IT AS A UNIT OF THE MINDANAO STATE UNIVERSITY, AND FOR OTHER PURPOSES
1. The Northern Mindanao Institute of Technology
shall hereafter be known as Iligan Institute of Technology and is
hereby integrated as a unit of the Mindanao State University.
Sec. 2. The Iligan Institute of Technology shall provide a program for an effective manpower training urgently needed for the industrial and commercial development of the Mindanao State University.
Sec. 3. There is hereby created an Advisory Council whose function it shall be to establish and promote close coordination between the training programs of the Institute and the manpower needs of industry, business and other sectors of the economy, particularly, those which will hasten the development of the Mindanao regions.
Sec. 4. The composition of the Advisory Council, including the qualifications of members and their terms of office, shall be determined by the Board of Regents from time to time, so as to give representation to the varying, developing, expanding and emerging industry, trade and business, including the Mindanao State University: Provided, That the Mayor of the City of Iligan, a representative of the City Council of Iligan and the Director of Vocational Education or his representative shall be ex-officio members.
Sec. 5. In the formulation of policies and action on matters affecting the administration of the Iligan Institute of Technology, the Mayor of the City of Iligan, the Chairman of the Advisory Council and the President of the Iligan Chamber of Industries shall be considered ex officio members of the Board of Regents of the Mindanao State University and shall be entitled to all the rights and privileges of the members of the Board of Regents: Provided, however, That their participation shall not extend on other matters beyond the interest and concern of the Iligan Institute of Technology.
The Secretary of the Board of Regents shall issue notification to the said members of the Board whenever the agenda of the Board meeting includes items affecting the Iligan Institute of Technology.
Sec. 6. To carry out the purposes of this Act, the sum appropriated for the operation and maintenance of Lanao Technical School (Northern Mindanao Institute of Technology) in the annual General Appropriations Act for the fiscal year nineteen hundred and sixty-nine shall be transferred to the Iligan Institute of Technology and utilized for its operation and maintenance. The government of the City of Iligan shall allocate annually, beginning the fiscal year nineteen hundred and sixty-nine, as part of its regular budget a subsidy in a lump sum an amount equal to three per centum of its total gross income from all sources, for the support and maintenance of the Institute: Provided, That the sum appropriated for the Institute by the National Government, by the Mindanao State University and from other sources shall aggregate not less than twice the said subsidy allocated by the government of the City of Iligan. The said subsidy from the City of Iligan, together with the annual contribution of the National Government, incomes from the operation of the Institute, and other funds secured from the National Government shall be disbursed by the Board of Regents of the Mindanao State University in accordance with the purposes of this Act.
Sec. 7. As a unit of the Mindanao State University, the Iligan Institute of Technology shall be governed by Republic Act Numbered Thirteen hundred eighty-seven, as amended, otherwise known as the Charter of Mindanao State University, and its administration shall be vested in the Board of Regents of the said University, all provisions of law to the contrary notwithstanding. The Northern Mindanao Institute of Technology is hereby abolished and all its personnel, unexpended appropriations, properties and other assets, whether in its name or that of the Lanao Technical School, are hereby transferred to the Mindanao State University: Provided, That nothing in this Act shall be interpreted as to terminate the services of the said transferred personnel or demote them in rank and/or salary.
Sec. 8. Beginning with the fiscal year nineteen hundred sixty-nine and every fiscal year thereafter, the sum of one million pesos is hereby authorized to be appropriated, out of any funds in the National Treasury not otherwise appropriated, for the support of the Iligan Institute of Technology. This amount shall be included in the annual General Appropriations Act as a separate item in the government contribution to the Mindanao State University, and disbursed by the Board of Regents of the said University in accordance with the purposes of this Act.
Sec. 9. This Act shall take effect upon its approval.
Approved: June 15, 1968