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All the assets, fixed and movable, personnel and records of the Mountain Province Community College, the Tadian School of Arts and Trades, the Bacarri Agricultural High School and the Eastern Bontoc National Agricultural School, except those belonging to or to be used by the high schools, as well as liabilities or obligations, are hereby transferred to the College: Provided,however, That the positions, rights, and security of tenure of personnel therein employed under existing laws prior to absorption by the College are not impaired: Provided,further, That the incumbent of the positions shall remain in the same status until otherwise provided for by the Board.
All parcels of land belonging to the Government occupied by the Mountain Province Community College, the Tadian School of Arts and Trades, the Bacarri Agricultural High School and the Eastern Bontoc National Agricultural School are hereby declared to be the property of the Mountain Province State Polytechnic College and shall be titled under that name: Provided, That should the College cease to exist or be abolished and should such parcels of land aforementioned be no longer needed by the College, the same shall revert to the Mountain Province.
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