Section 16
SEC. 16. In order not to interrupt the smooth functioning of the Tarlac College of Agriculture, the faculty as well as the other personnel thereof as are presently employed on full-time basis, shall be absorbed by the said college. Salaries of the personnel shall be adjusted in the discretion of the Board of Trustees, and all properties and assets, such as lands, buildings, equipment and facilities; also the land grant in Mayantoc, Tarlac, if and when it is released by the Bureau of Forest Development, as well as all its liabilities, shall be absorbed by the new college.