Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled:

SECTION 1. There shall be established, under the supervision of the Director of Public Schools, a national agricultural and trade school in the Municipality of Virac, Province of Catanduanes, to be known as the Virac National Agricultural and Trade School.

SEC. 2. The Secretary of Education .shall issue such rules and -regulation as may be necessary to carry out the purpose of this Act.

SEC. 3. The sum of two hundred thousand pesos is hereby authorized to be appropriated, out of any funds in the National Treasury not otherwise appropriated, for the establishment, operation and maintenance of said school during the fiscal year nineteen hundred sixty-two. Such sums as may be needed for the same purpose in subsequent years shall be included in the annual General Appropriation Act.

SEC. 4. This Act shall take effect upon its approval.

Enacted, without Executive approval, June 18, 1961.