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

SECTION 1. The existing Narra High School-Panacan Annex in Barangay Panacan, Municipality of Narra, Province of Palawan, is hereby converted into a national high school to be known as the Panacan National High School.

SEC. 2. The Secretary of Education, Culture and Sports shall issue the necessary rules, orders and circulars to implement the provisions of this Act.

SEC. 3. All personnel, records, assets and properties including buildings, sites, and the improvements thereof, obligations, funds and appropriations of the Narra High School-Panacan Annex are hereby transferred to the Panacan National High School.

SEC. 4. The amount necessary for the implementation of this Act shall be charged against the current year's appropriations of the Narra National High School-Panacan Annex.  Thereafter, such sums as may be necessary for the operation and maintenance of the Panacan National High School shall be included in the annual General Appropriations Act.

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

Approved,

(Sgd.) ERNESTO M. MACEDA	(Sgd.) JOSE DE VENECIA JR.
President of the Senate	Speaker of the House of Representatives

This Act which originated in the House of Representatives was finally passed by the House of Representatives and the Senate on August 5, 1997 and December 10, 1997, respectively.

(Sgd.) LORENZO E. LEYNES JR.	(Sgd.) ROBERTO P. NAZARENO
Secretary of the Senate	Secretary General House of Representatives

Approved:


Lapsed into law on April 02, 1998, without the signature President, in accordance with Article VI Section. 27 (1) of the Constitution.