R.A 7722 Flashcards
(40 cards)
Date of approval of RA. 7722
July 26, 1993
This Act shall be known as the “Higher Education Act of 1994”.
[section]
Section 1. Title
Declaration of policy
[sec]
Section 2
Creation of the Commission on Higher Education
[sec]
Section 3
In pursuance of the above mentioned policies, the Commission on Higher Education is hereby created, hereinafter referred to as the Commission.
[section]
Section 3: Creation of the Commission on Higher Education
Composition of the Commission
[sec]
Section 4
Commission shall be composed of how many full time members?
5
Term of Office
[sec]
Section 5
Rank and Emoluments
[sec]
Section 6
The chairman and the commissioners shall have the rank of a Department Secretary and Undersecretary, respectively.
[section]
Section 6. Rank and Emoluments
Board of Advisers
[sec]
Section 7
Powers and Functions of the Commission.
[sec]
Section 8
The Secretariat.
[sec]
Section 9
The Commission shall organize a SECRETARIAT which shall be headed by an executive officer, subject to the national compensation and position classification plan.
[section]
Section 9: The secretariat
The Higher Education Development Fund.
[sec]
Section 10
A Higher Education Development Fund, herein after referred to as the Fund, is hereby established exclusively for the strengthening of higher education in the entire country.
[section]
Section 10. The Higher Education Development Fund
Seed capital
[gov’s fund]
P500,000,000
Initial operation of the Commission
[gov’s fund]
P50,000,000
Annual share on the total gross collections of the travel tax;
[gov’s fund]
40%
Share of the collections from the Professional Registration Fee;
[gov’s fund]
30%
Gross sales of the lotto operation of the Philippine Charity Sweepstakes Office (PCSO).
1%
Management and Administration of the Higher Education Development Fund.
[sec]
Section 11
The Fund shall be administered by the Commission
[section]
Section 11: Management and Administration of the Higher Education Development Fund.
The Technical Panels
[sec]
Section 12
