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

SECTION 1. The Perez Quezon Academy, a secondary school in the Municipality of Perez, Quezon Province, is hereby converted into a national high school to be known as the Perez National High School.

SEC. 2. The Secretary of Education, Culture and Sports shall issue such rules and regulations as may be necessary to carry out the provisions of this Act.

SEC. 3. All personnel, assets, liabilities, and records of the Perez Quezon Academy are hereby transferred to and absorbed by the Perez National High School.

SEC. 4. The amount necessary to carry out the provisions of this Act shall be included in the General Appropriations Act of the year following its enactment into law and thereafter.

SEC. 5. This Act shall take effect upon its approval.

Lapsed into law on May 18, 1995 without the President's signature, pursuant to Sec. 27(1), Article VI of the Constitution.