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All assets, fixed and movable, personnel and records and facilities of the Surigao del Norte School of Arts and Trades and the Malimono School of Fisheries as well as their liabilities or obligations, are hereby transferred to the State College:Provided, however,That the positions, rights and security of tenure of personnel therein employed under existing laws prior to absorption by the State College are not impaired:Provided, further,That the incumbents of the positions shall remain in the same status until otherwise provided for the Board.
All parcels of land belonging to the government occupied by the Surigao del Norte School of Arts and Trades and the Malimono School of Fisheries are hereby declared to be the property of the Surigao State College of Technology and shall be titled under that name:Provided, furthermore,That should the State College cease to exist or be abolished or should such parcels of land aforementioned be no longer needed by the State College, the same shall revert to the Province of Surigao del Norte.
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