Application and Document Required.
Section 2
SEC. 2. Application and Document Required.—Any private school which desires to revise its rates of tuition or other school fees or charges or to impose other fees or charges shall file application therefor with the Secretary of Education and Culture. The application shall include: Statement of the itemized current rates of tuition and other charges and the corresponding itemized proposed changes thereon, as well as the new fees or charges proposed to be imposed, and of the proposed allocation of the incremental proceeds in accordance with Section 3 (a) hereof. Such statements shall, when accomplished be under oath by the proper official(s) of the school concerned; Financial statement showing the financial status of school duly certified by a certified public accountant; A copy of the last tax return, where required, filed with the Bureau of Internal Revenue.