Republic Acts1 min read
Section 20Sec./Art. 20
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Termination of Partnership or Closure of Program. In the event of termination of a partnership, or the phaseout or closure of a program, institutions engaged in T-NHE shall ensure that commitments made to enrolled students are met, including offering students suitable alternative pathways for completing the program to which they have been accepted.
The assets of the closed enterprise can be transferred and the funds can be remitted out of the country in accordance with the applicable laws, rules and regulations of the Philippines.
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