Section 20
SEC. 20. Within the period of one hundred twenty (120) days, after the approval of this Act, the College shall accomplish the following: Submit a five (5) year development plan, including its corresponding program budget, to the CHED, for appropriate recommendation to the DBM; Undergo a management audit in cooperation with the CHED; Accordingly set up its organizational, administrative, as well as academic structure, including the appointment/ designation of College key officials; and Set in motion the establishment of at least four (4) separate degree granting units, one of which is in the arts and sciences and another, at the graduate level.