AMENDING CERTAIN PROVISIONS OF PRESIDENTIAL DECREE NO. 674 DATED MARCH 20, 1975 CONVERTING THE COLLEGE OF RIZAL AND THE RIZAL TECHNICAL HIGH SCHOOL INTO THE RIZAL TECHNOLOGICAL COLLEGES AND FOR OTHER PURPOSES.

• Number: Presidential Decree No. 751
• Sections: 7

Preamble

WHEREAS, Presidential Decree No. 674 dated March 2.0, 1975,

converted the College of Rizal and the Rizal Technical High School into

the Rizal Technological Colleges to develop trained manpower of varied

specializations and/or skills;

WHEREAS, in order that the purposes and objectives of said

Decree can be more effectively and satisfactorily attained, it is

necessary to broaden the support and strengthen the organization of the

said Rizal Technological College;

WHEREAS, the Meralco Foundation, Inc., has been organized

for the purposes, among others, of promoting, carrying on, conducting

and encouraging the advancement and development of education, scientific

research and training in the fields of industrial, technological,

agricultural, health, environmental, biological, physical and social

sciences as well as in humanities and in all other sciences or fields of

human knowledge and culture, with special emphasis on research,

development, training, and related activities designed to contribute to

the maximization of economic productivity and community development,

wider distribution of social and economic values, and protection and

improvement of the environment; and

WHEREAS, the Provincial Government of Rizal and the Meralco

Foundation, Inc., have agreed to undertake a joint project to establish

and operate an educational technological institution in the Province of

Rizal which shall offer baccalaureate degrees in agriculture, fisheries,

arts and sciences, trades and technology and other degrees, as well as

short term courses, to meet the needs of Rizal Province and other cities

and provinces of the Philippines; and the establishment and operation

of such educational technological institution will be in compliance with

the mandate of the Constitution of the Philippines, will achieve the

objective of the government, and will attain some of the lofty purposes

of the Meralco Foundation, Inc.

NOW, THEREFORE, I, FERDINAND E. MARCOS, President of the

Philippines, by virtue of the powers vested in me by the Constitution,

do hereby amend Presidential Decree No. 674 as follows:

Section 1

SECTION 1. Section 1 of Presidential Decree No. 674 is

hereby amended to read as follows:

"SECTION 1. The present College of Rizal and the Rizal

Technical High School, all situated at the Province of Rizal, are hereby

converted into the Rizal Technological Colleges (Province of

Rizal-Meralco Foundation, Inc.), the same being organized as a nonstock,

non-profit corporation, a chartered entity, hereinafter referred to in

this decree as the Colleges. The Colleges shall be established, operated

and maintained as hereunder provided, as a joint project and

undertaking of the Provincial Government of Rizal and the Meralco

Foundation, Inc."

Section 2

SEC. 2. Section 5 of the same Decree is hereby amended to

read as follows:

"SECTION 5. The governing body of the Colleges shall be

the Board of Trustees of the Rizal Technological Colleges. It shall be

composed of the Secretary of Education and Culture as Chairman, the

Provincial Governor of Rizal, the President of the Meralco Foundation,

Inc., the President of the Colleges, and three (3) other members who

shall be appointed by the President of the Philippines. Of the three

members first appointed by the President, one shall serve for two years;

one to serve for three years; and one to serve for four years.

Thereafter, persons appointed to succeed such members shall hold office

for a term of four years and until their successors shall have been

appointed and qualified. In case of permanent vacancy, the position

shall be filled by appointment by the President of the Philippines. Such

appointee shall hold office for the unexpired term only.

The Secretary of Education and Culture, the Governor for the Province of

Rizal, and the President of Meralco Foundation, Inc., may designate

their respective representatives in the Board who shall have all the

powers and privileges pertaining to their offices. In the absence of the

Secretary of Education and Culture who is the Chairman of the Board,

the members of the Board present may elect the temporary chairman to

preside over the meeting."

Section 3

SEC. 3. Section 8 of the same Decree is hereby amended to read as

follows:

"(J) To receive in trust legacies, gifts, and donations of real

and personal property of all kinds, to administer the same for the

benefit of the Colleges, or of any department thereof, or for aid to any

student or students, in accordance with the directions and instructions

of the donor, and in default thereof, in such manner as the Board of

Trustees may in its discretion determine. All donations to the Colleges

shall be exempt from all taxes, shall be considered as deductible items

from the income tax of donors and shall be treated as part of the

payment by the donors of assessments under, and/or the compliance with

the requirements of, and shall be eligible for the tax and other

incentives provided by, the Labor Code of the Philippines with regard to

manpower training and development, and rules and regulations pursuant

to the said Labor Code, and amendments thereof."

Section 4

SEC. 4. A new provision is hereby inserted after Section 19 of

the same Decree to read as follows:

"SECTION 20. The Meralco Foundation, Inc., shall make

contributions of funds and/or equipment and facilities and provide

managerial, advisory, technological, professional and vocational

professorial or instructional skills useful for the establishment,

operation and maintenance of the Colleges, and shall solicit and

encourage major industries and other entities to make such contributions

and provide such support to the colleges; all such contribution made by

the Meralco Foundation, Inc., to the Colleges, or contributions by any

individual, association, partnership, corporation or any kind of entity

to the Colleges and/or to the Meralco Foundation, Inc., which in turn

are contributed by the latter for the establishment, operation and

maintenance of the Colleges, shall be exempt from all taxes and the

money value of such contributions shall be treated as payments of

assessments under, and/or compliance with the requirements of, and shall

be eligible for the tax and other incentives provided by the Labor

Code of the Philippines, as, and as may

be, amended, and the rules and regulations pursuant thereto, and shall

be in lieu of any taxes, charges and assessments of whatsoever nature

and authority now and in the future, for the development of manpower,

education, arts and sciences."

Section 5

SEC. 5. Sections 20 and 21 of the same Decree are hereby

renumbered as Sections 21 and 22, respectively.

Section 6

SEC. 6. This Decree shall take effect immediately.

Done in the City of Manila, this 25th day of July, in the year

of Our Lord, nineteen hundred and seventy-five.

(Sgd.)

FERDINAND E. MARCOS

President

Republic of the Philippines

By the President:

(Sgd.)

ALEJANDRO MELCHOR

Executive Secretary