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Sec. 16 of Republic Act No. 9045 is hereby amended to read as follows:
"Sec. 16. All assets, fixed and movable, personnel and records of the Pablo Borbon Memorial Institute of Technology and its branches in Barangay Alangilan, Batangas City, the municipalities of Balayan, Bauan, Lobo, San Pascual, Rosario, Taysan, Padre Garcia, Lemery, Calaca, Taal, Tanauan and San Juan and the City of Lipa, the Jose P. Laurel Polytechnic College in Malvar, the Apolinario R.
Apacible School of Fisheries in Nasugbu, all in the Province of Batangas, as well as liabilities or obligations, are hereby transferred to the University: Provided, however, That the positions, rights and security of tenure of personnel employed therein under existing laws prior to the absorption by the University are not impaired: Provided, further, That the incumbents of existing positions shall remain in the same status until otherwise provided by the Board. All parcels of land belonging to the government and occupied by the Pablo Borbon Memorial Institute of Technology, the Jose P. Laurel Polytechnic College in Malvar, the Apolinario R.
Apacible School of Fisheries in Nasugbu, are hereby declared to be the property of the Batangas State University and shall be titled under that name: Provided, finally, That should the University cease to exist or be abolished or should such parcels of land aforementioned be no longer needed by the University, the same shall revert to the provinces, municipalities or cities where they are located."
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