1
Republic of the Philippines 
HOUSE OF REPRESENTATIVES 
Quezon City 
NINETEENTH CONGRESS 
Second Regular Session 
HOUSE BILL NO.  10501 
Introduced by Representative Carlito S. Marquez  
____________________________________________________________ 
EXPLANATORY NOTE 
Establishing and strengthening ecosystems across the country is paramount to 
building an innovative society that is responsive to the present and future needs of 
nations. In today’s world, while technology can be imported,  innovation has to be home 
grown, requiring multidisciplinary approach and intensive cultivation of talent. 
Clearly, the country needs more support and investment in research and 
development  in order to accelerate its innovative and research outputs, and more 
importantly, to translate them to products, services and technologies that can directly 
contribute to the country’s socio-economic development agenda and resiliency in the face 
of pressing social and environmental issues. Additionally, the country requires an 
institution that will take lead and coordinate the nation’s science and technology  and 
research and Development programs within the framework and setting of a higher 
education institution – one that will focus on applied science, STEM education, extension 
services, and related public policy initiatives as its primary functions. 
Thus, the establishment of the PHILIPPINE SCIENCE INSTITUTE (PSI) as 
an attached agency of the Department of Science and Technology (DOST) is envisioned 
for such a role. The institute will be modeled after renowned research institutions such as 
the Massachusetts Institute of Technology (MIT), Caltech, Indian Institute of Technology 
(IIT), Nanyang Technological University and others. 
The academic focus and discipline of the Philippines’ 112 State Universities and 
Colleges together with its 421 satellite campuses, plus 121 local colleges and universities, 
13 Government Schools, and 1,729 Private Higher Education Institutions are simply too 
diverse for any of them to lead and coordinate the country’s research and development 
priorities, or to even take up DOST’s research projects, either because they are lacking in 
resources or that their resources are spread too thinly 
In this regard, immediate approval of this bill is earnestly sought. 
HON. CARLITO “Lito” S. MARQUEZ 
Chair, Ctte on Science & Tech
June 3, 2024
11:50 am


2
Republic of the Philippines 
HOUSE OF REPRESENTATIVES 
Quezon City 
NINETEENTH CONGRESS 
Second Regular Session 
HOUSE BILL NO. 10501 
Introduced by Representative Carlito S. Marquez  
____________________________________________________________ 
AN ACT 
ESTABLISHING THE PHILIPPINE SCIENCE INSTITUTE UNDER THE SUPERVISION 
OF THE DEPARTMENT OF SCIENCE AND TECHNOLOGY 
AND APPROPRIATING FUNDS THEREFOR 
Be it enacted by the Senate and the House of Representatives of the Philippines in 
Congress assembled: 
SECTION 1. Title.    There is hereby established a research-based degree 
1 
granting institute to be known as the "Philippine Science Institute (PSI)", an attached 
2 
agency of the Department of Science and Technology (DOST). 
3 
4 
SEC 2. Declaration of Policy. Sections 10 and 11 of the Philippine Constitution 
5 
recognizes that Science and technology are essential for national development and 
6 
progress. The State shall give priority to research and development, invention, 
7 
innovation, and their utilization; and to science and technology education, training, and 
8 
services. It shall support indigenous, appropriate, and self-reliant scientific and 
9 
technological capabilities, and their application to the country’s productive systems and 
10 
national life. Towards this end, Congress is empowered by the constitution to provide 
11 
incentives, including tax deductions, to encourage private participation in programs of 
12 
basic and applied scientific research, and other incentives such as scholarships, grants-
13 
in-aid, and others to deserving science students, researchers, scientists, inventors, 
14 
technologists, and specially gifted citizens. 
15 
SEC 3. Objectives. In implementing the foregoing policy, the State shall pursue 
16 
the following objectives: 
17 
(a)
Promote research and development in Science, Technology,
18 
Engineering and Mathematics (STEM) as a tool for national development; 
19 
(b)
Facilitate the creation of a critical mass of Research & Development
20 
(R&D) professionals in the country to aid its socio-economic transformation; 
21 
(c)
Establish a Science Institute that will assume a leadership role in
22 
tertiary level STEM education specializing in Applied Science Research and 
23 
Development; 
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(d) 
Offer scholarships to deserving and gifted Filipino scholars with high 
1 
aptitude for STEM and R&D Careers/ courses; 
2 
(e) 
Create a pathway for students to earn degrees through STEM R&D; 
3 
(f) 
Provide for a campus patterned after international science 
4 
institutions with world-class facilities, environment  for research, and sufficient 
5 
land and space for housing of students faculty and visiting international scientists; 
6 
(g) 
Establish international collaboration for the holistic development of 
7 
the students, staff and leaders; and 
8 
(h) 
Support scholars and teachers’ participation in local and 
9 
international competition, academic symposia, research projects and other 
10 
scholarly activities, subject to availability of funds and government accounting and 
11 
audit regulations. 
12 
SEC. 4. Definition of Terms. – 
13 
(a) Philippine Science Institute – is envisioned as a higher education 
14 
institute offering scholarships to deserving and qualified Filipino 
15 
students a pathway to earn undergraduate and postgraduate STEM 
16 
degrees thru Applied Research; 
17 
(b) Term – refers to the “term of office,” with a duration of six (6) years in 
18 
one term. 
19 
SEC. 5. Overall Coordinating Authority. The PSI shall be attached with the 
20 
Department of Science and Technology (DOST). The PSI Board of Trustees shall be the 
21 
Governing Board of all campuses of the Institute wherever situated. 
22 
SEC. 6. Board of Trustees. – The governance of the PSI is vested in the Board 
23 
of Trustees herein referred to as the “Board.” Its composition shall be exempted from the 
24 
requirements of R.A. 8292 also known as the Higher Education Modernization Act of 
25 
1997 given the University’s unique character and specialization.  
26 
The PSI Board shall be composed of the following members:  
27 
(a) Secretary of the DOST as ex-officio Chairman;  
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(b) The Chair of the Commission on Higher Education as ex-officio Vice Chair; 
29 
(c) The Chairperson of the Senate Committee on Science and Technology; 
30 
(d) The Chairperson of the House Committee on Science and Technology; 
31 
(e) The President of the University of the Philippines; 
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(f) The Director of the Science Education Institute (SEI); 
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(g) The President of the PSI Alumni Association; 
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(h) The President of PSI; 
1 
(i) Four (4) private sector representatives who have distinguished themselves in 
2 
their professions or fields of specialization in research and development 
3 
representing the following industries: 1) Emerging Technologies; 2) 
4 
Agriculture; 3) Higher Education; and 4) Adult Education  
5 
The President of the Philippine Science High School National Alumni 
6 
Association (PSHS-NAA) shall serve as interim representative for the institute’s alumni 
7 
association until a PSI alumni association has been organized, and a president has been 
8 
duly elected.    
9 
The private sector representatives shall be appointed by the Chairman subject to 
10 
the confirmation of the Board. 
11 
For the first set of appointments from the Private Sector, two (2) of the private 
12 
sector representatives shall serve for four (4) years, while the other two (2) for two (2) 
13 
years, thereafter, succeeding appointments shall have a fixed term of four (4) years. 
14 
The Board shall exercise the following powers: 
15 
(a) Formulate policies and guidelines for the administration and operation of 
16 
the Institute; 
17 
(b) Formulate policies on the appointment, promotion, retention, removal, 
18 
renewal, rewards and incentives for administrators, faculty and staff; 
19 
(c) Approve the curricula of courses submitted by the President of the Institute; 
20 
(d) Approve the criteria for the selection and admission of students; 
21 
(e) Approve the grant of scholarship, stipend and such allowances for students; 
22 
(f) 
Approve the graduation of successful candidates of the Institute and grant 
23 
of honors; 
24 
(g) Approve the rules on student discipline recommended by School Councils 
25 
through the President of the Institute with the Board retaining the power to 
26 
review and pass final judgment on student disciplinary cases; 
27 
(h) Confer honorary degrees upon persons in recognition of learning, 
28 
statesmanship, or eminence in STEM Research and Development upon 
29 
recommendation of the committee created by the President of the Institute, 
30 
provided, that such degrees shall not be conferred in consideration of any 
31 
payment, gift or other valuable consideration;  
32 
(i) 
Approve appointments and contracts entered into by the President of the 
33 
Institute in connection with the employment of professors, instructors, 
34 
lecturers and other personnel of the Institute; to fix their compensation and 
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other conditions of employment; and remove them for cause after due 
1 
process; 
2 
(j) 
Formulate policies and rules of discipline for students, faculty and staff; 
3 
(k) Approve the institution, merger or abolition of academic programs, upon 
4 
recommendation of the School Council through the President of the 
5 
Institute; 
6 
(l) 
Approve the Institute’s budget and appropriations recommended by the 
7 
Institute’s President thru the Chancellor to the ends specified by law such 
8 
sums as may be provided by law for the support of the Institute; 
9 
(m) Receive grants whether cash, land, buildings and improvements thereof; 
10 
donations, contributions, bequest, gifts, and to formulate policies for the 
11 
administration thereof; 
12 
(n) Appropriate to the ends specified by law such sums as may be provided by 
13 
law for the support of the Institute; 
14 
(o) Develop policies for the expansion of enrollment of the Institute; 
15 
(p) Develop policies, criteria, and standards for the establishment of schools or 
16 
campuses under the Institute; 
17 
(q) Formulate its own rules of procedure, and to prescribe for the 
18 
administration of the Institute such general rules and regulations, not 
19 
contrary to law, as are consistent with the purpose of the Institute as defined 
20 
in this Act;  
21 
(r) 
Establish criteria for the selection and admission of scholars which shall 
22 
include among others, the national competitive examination; 
23 
(s) Receive in trust local and foreign legacies, gifts, and donations of real and 
24 
personal property of all kinds and to administer the same in accordance 
25 
with the directions and instructions of the donor, and in default thereof, in 
26 
such manner as the Board of Trustees may in its discretion determine, for 
27 
the benefit of the Institute or for aid to any of its students; 
28 
(t) 
Fix and adjust salaries and benefits of faculty members and other 
29 
employees, provided that salaries and other benefits of the faculty shall be 
30 
equivalent to those being received by their counterparts in the private 
31 
sector, as its minimum; 
32 
(u) Extend, with their consent the tenure of faculty members of the Institute 
33 
beyond the compulsory retirement age, any other provision of law to the 
34 
country notwithstanding, on recommendation of the units upon 
35 
endorsement of the President of the Institute, whenever their services are 
36 
especially needed, provided however, that no extension of tenure shall be 
37 
made beyond the age of seventy (70); provided however the age limit shall 
38 
not apply to visiting and/ or eminent professors, lecturers or local faculty 
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members or national scientists on account of their exemplary and 
1 
invaluable contributions to science; 
2 
(v) Fix school fees (if any) and other necessary school charges, as the Board may 
3 
deem proper to impose. Such fees and charges, including government 
4 
support and other income generated by the Institute, shall constitute special 
5 
trust funds and shall be deposited in an authorized  government depository 
6 
bank. Any and all interest that shall accrue therefrom shall form part of the 
7 
same funds for the use of the Institute. In the case of legacies, gifts and 
8 
donations received in trust, they shall be deposited in accordance with the 
9 
preferred manner of deposit and other conditions (if any) attached to the 
10 
donation.  
11 
(w) Notwithstanding any provision of law to the contrary, all incomes generated 
12 
by the Institute or  by its subsidiaries shall, upon their collection, be 
13 
retained by the Institute and disbursed at the discretion of the Board for the 
14 
professional growth and development, health, welfare, and other benefits of 
15 
the students, faculty members and other personnel; for the acquisition, 
16 
construction maintenance and repair of urgently needed instructional and 
17 
auxiliary facilities, equipment, buildings and other infrastructure; and for 
18 
expenses necessary for the attainment of its purposes under its approved 
19 
program of expenditures. 
20 
(x) If the Institute, for reasons beyond its control, shall not be able to pursue 
21 
any project for which funds have been appropriated and allocated under its 
22 
approved program of expenditures, the Board may authorize the use of said 
23 
fund for any reasonable purpose for which it deems necessary and urgent 
24 
for the attainment of the objectives of the Institute: Provided, That funds 
25 
collected from students or donors for a specific purpose shall not be 
26 
reprogrammed to other expenditures; 
27 
(y) Receive and appropriate all sums as may be provided by law for the support 
28 
of the Institute to the ends specified by law, and all other sums in the 
29 
manner it may, in its discretion, determine to carry out the purposes and 
30 
functions of the Institute; 
31 
(z) Authorize the construction, maintenance or repair of its buildings, 
32 
machinery, equipment and other facilities , and the  purchase and 
33 
acquisition of real and personal properties, including necessary supplies, 
34 
materials and equipment; 
35 
(aa) Notwithstanding any provisions of law to the contrary, to authorize its 
36 
faculty and staff to travel abroad to pursue fellowship, scholarship or grant; 
37 
(bb) Exercise the general powers set out in the Corporation Code; 
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(cc) Delegate any of its powers to the President of the Institute or other officials 
1 
or officers as it may deem necessary; 
2 
(dd) Prescribe rules for its own government and discipline of the faculty and 
3 
other personnel and to enact general policies, rules and regulations, not 
4 
contrary to law, as are consistent with its purposes;  
5 
(ee) Exercise such powers as may be proper and necessary to carry out the 
6 
objectives of this Act. 
7 
(ff) Provide fellowships, scholarships and grants, including athletic grants and 
8 
to award the same to faculty, staff and students having special evidence of 
9 
merit, especially those who are poor and deserving individuals; 
10 
(gg) Establish professorial chair awards; 
11 
(hh) Set policies and criteria to rationalize the establishment of science schools 
12 
or campuses under the Institute, for its evaluation and approval thereof;  
13 
(ii) Prepare strategic plans to enhance the capability of the Institute in 
14 
developing human resources with emphasis on STEM R&D; 
15 
(jj) Elect the President of the Institute for a single term of six (6) years following 
16 
a process of democratic consultation with the university community based 
17 
on standards and guidelines set by the Board. In the event of a vacancy, the 
18 
Board shall elect a president who shall serve a full term. A Chancellor 
19 
chosen by the Board may act as Officer-in-Charge of the Institute when the 
20 
search process is in progress. In no case shall the search and election of the 
21 
next President be longer than ninety (90) calendar days from the date when 
22 
the vacancy occurs.  
23 
SEC. 7. Quorum. A quorum of the Board of Trustees shall consist of a majority 
24 
of all the members holding office at the time the meeting of the Board is called. The Board 
25 
shall convene regularly. The chairperson may call a special meeting whenever necessary, 
26 
provided that members are notified in writing at least ten (10) days prior to the meeting, 
27 
provided further that the notice shall contain a brief description of the agenda items to be 
28 
discussed. 
29 
SEC. 8. The President of the University. The President of the Institute is the 
30 
chief academic officer, head of faculty and the chief executive officer of the Institute. He/ 
31 
She shall exercise the powers specifically provided for in this Act, those determined by the 
32 
Board, those which pertain to the office of the president of the institute, and those which 
33 
are related or necessary to its functions. The Board shall determine the compensation of 
34 
the President of the Institute. 
35 
The President of the Institute shall be appointed by the Board and shall serve for a 
36 
single term of six (6) years. 
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SEC. 9. The Secretary of the Institute and the Board of Trustees. There 
1 
shall be a Secretary of the Institute appointed by the Board, who shall also be the Secretary 
2 
of the Board, and who shall keep such records of the Institute as may be designated by the 
3 
Board. 
4 
SEC. 10. The School Council. There shall be in each constituent campus, a 
5 
School Council consisting of the Chancellor as Chairperson, and all faculty members in 
6 
the constituent campuses holding the rank of assistant professor and higher as members. 
7 
SEC. 11. Powers of the School Council. The School Council shall be the 
8 
highest academic body of each constituent campus and shall exercise the following 
9 
powers: 
10 
(a) Fix the requirements for admission to any college or unit, graduation, and the 
11 
grant of honors subject to the minimum system-wide requirements; 
12 
(b) Prescribe the academic programs including their institution, revision, abolition 
13 
and merger, subject to the approval of the Board; 
14 
(c) Recommend to the Board the graduation of students and the grant of honors; 
15 
(d) Exercise disciplinary power over the students, through the Chancellors or their 
16 
appropriate committees, subject to review by the President of the Institute 
17 
according to the limits prescribed by system-wide rules on student discipline 
18 
approved by the Board; 
19 
(e) Undertake the periodic review of academic courses, programs, standards, 
20 
thrust and policies; and 
21 
(f) Adopt internal rules of procedure consistent with the provisions of this Act. 
22 
SEC. 12. The Chancellor of the Constituent Campus. The Administration  
23 
of the each constituent  campus is vested in the Chancellor insofar as authorized by the 
24 
Board and the President of the Institute. The Chancellor of the constituent campus shall 
25 
be elected by the Board upon nomination of the President of the Institute, following a 
26 
process of consultation with the constituents/ community of the constituent campus 
27 
based on standards and guidelines set by the Board. The Chancellor shall report to the 
28 
President of the Institute, and shall perform the duties and functions elsewhere stated in 
29 
this Act, and all the usual, necessary and related functions of the Office of the Chancellor 
30 
subject to the policies and rules prescribed by the Board. The Board shall determine the 
31 
term and compensation of the Chancellor. If a Chancellor fails to complete his/her term, 
32 
the President of the Institute shall appoint an acting Chancellor while a search process is 
33 
in progress. In no case shall the search and election of the next Chancellor be longer than 
34 
sixty (60) calendar days from the date when the vacancy occurs. 
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SEC. 13. The Faculty. The teaching staff of each college shall constitute its 
1 
faculty. The College Faculty shall be presided over by a Dean. The Dean shall be elected 
2 
by the Board upon nomination of the President of the Institute and recommendation of 
3 
the Chancellor of the constituent campus, following a process of consultation with the 
4 
constituents of the college based on standards and guidelines set by the Board. 
5 
If a Dean fails to complete his/her term, the Chancellor shall appoint an acting 
6 
Dean while a search process is in progress.  In no case shall the search and election of the 
7 
next Dean be longer than sixty (60) calendar days from the date when the vacancy occurs. 
8 
SEC. 14. Appointment Requisites and Practice of Profession. Faculty 
9 
members, as well as research, extension and professional staff (REPS) of the Institute, 
10 
shall be exempt as such from any civil service examination or regulation as a requisite to 
11 
appointment. The provisions of existing law to the contrary notwithstanding, licensing 
12 
requirements for professional regulatory boards shall not affect appointments to faculty 
13 
positions. In the appointment of faculty members, no religious test shall be applied, nor 
14 
shall the religious or political opinions or affiliations of the faculty members of the 
15 
Institute be made subject of examination or inquiry. 
16 
SEC. 15. Student Affairs. There shall be established in the Institute the 
17 
following student councils, a college or institute student council; and for every constituent 
18 
campus, a student council; and for the Institute as a whole, a general assembly of all 
19 
student councils. 
20 
The student council shall be composed of elected students of a definite academic 
21 
unit of the Institute. Each member of the student council shall serve for a term  of one (1) 
22 
year, without prejudice to reelection. 
23 
The student council shall serve as the primary student body that shall advance the 
24 
interests, welfare and aspirations of the students of the Institute. It shall have the power 
25 
to adopt internal rules of procedure consistent with the provisions of this Act. 
26 
Subject to due and comprehensive consultation with the students, there shall be a 
27 
student publication established in every constituent unit and college to be funded by 
28 
student fees. Freedom of expression and autonomy in all matters of editorial and fiscal 
29 
policy shall be guaranteed especially in the selection of its editors and staff. 
30 
SEC. 16. Land Grants and Other Real Properties of the Institute. 
31 
(a) The State shall support the Institute as a special institution promoting research 
32 
and development in science and technology in the form of lump sum amount, 
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through general appropriations and other financial benefits, and in kind, 
1 
through land grants and donations and use of other real properties. To carry 
2 
out the intent of these grants, income derived from the development of all land 
3 
grants and real properties shall be used to further the ends of the Institute, as 
4 
may be decided by the board; 
5 
(b) Such parcels of land ceded by law, decree or presidential issuance to the 
6 
Institute are hereby declared to be reversed for the purposes intended. The 
7 
absolute ownership of the Institute over these landholdings, including those 
8 
covered by original and transfer certificates of title in the name of “The 
9 
Philippine Science Institute” and their future derivatives, is hereby confirmed. 
10 
Where the issuance of proper certificates of title is yet pending for these 
11 
landholdings, the appropriate government office shall expedite the issuance 
12 
thereof within six months from the date of effectivity of this Act: Provided, That 
13 
all registration requirements necessary for the issuance of the said titles have 
14 
been submitted and complied with; 
15 
(c) The Board may plan, design, approve and/or cause the implementation of land 
16 
leases: Provided, That such mechanisms and arrangements shall sustain and 
17 
protect the environment in accordance with law, and be exclusive of the 
18 
academic core zone of the campuses of the Institute: Provided, further, That 
19 
such mechanisms and arrangements shall not conflict with the academic 
20 
mission of the Institute; 
21 
(d) The Board may allow the use of the income coming from real properties of the 
22 
Institute as security for transactions to generate additional revenues when 
23 
needed for educational purposes; 
24 
(e) The Board may approve the implementation of joint ventures: Provided, That 
25 
in the event real properties of the Institute are involved, only the income 
26 
derived by the Institute from the use of the real properties shall be the subject 
27 
of its participation or obligation in the joint ventures: Provided, further, That 
28 
no joint venture shall result in the alienation of the real properties of the 
29 
Institute; and 
30 
(f) Any plan to generate revenues and other sources from land grants and other 
31 
real properties entrusted to the Institute shall be consistent with the academic 
32 
mission and orientation of  the Institute as well as protect it from undue 
33 
influence and control of commercial interests: Provided, That such programs, 
34 
projects or mechanisms shall be approved by the Board subject to a transparent 
35 
and democratic process of consultation with the constituents of the Institute: 
36 
Provided, further, That funds generated from such programs, projects or 
37 
mechanisms shall not be meant to replace, in part or in whole, the annual 
38 
appropriations provided by the national government to the Institute. 
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SEC. 17. Safeguards on Assets Disposition. The preservation of the value of 
1 
the assets of the Institute shall be of primordial consideration. 
2 
The sale of any existing real property of the Institute shall be prohibited: Provided, 
3 
That the Board may alienate real property donated after the effectivity of this Act if the 
4 
terms of the donation specifically allow it. 
5 
Notwithstanding the provision of this act or any other law to the contrary, the lease 
6 
of more than five (5) years  of the assets the Institute and any transaction referred to in 
7 
Section 16 shall be subject to applicable laws, and rules and guidelines set by the Board. 
8 
SEC. 18. Management of Funds. The Board shall create an independent trust 
9 
committee to be composed of the President of the Institute, as  Chairperson, two (2) 
10 
representatives from government financial regulators, and one qualified (1) 
11 
representative from the private sector specializing in investment. The members shall be 
12 
entitled to a reasonable per diem as the Board may specify. The independent trust 
13 
committee shall provide the Board with direction on appropriate investments with the 
14 
view to preserving the value of funds while allowing the Institute to earn a reasonable 
15 
return thereon. 
16 
SEC. 19. Tax Exemptions. The provisions of any general or special law to the 
17 
contrary notwithstanding: 
18 
(a) All revenues and assets of the Institute used for educational purposes or in 
19 
support thereof shall be exempt from all taxes and duties; 
20 
(b) Gifts and donations of real and personal properties of all kinds shall be exempt 
21 
from the donor’s tax and the same shall be considered as allowable deductions 
22 
from the gross income of the donor, in accordance with the provisions of the 
23 
National Internal Revenue Code of 1997, as amended: Provided, That the 
24 
allowable deductions shall be equivalent to 150 percent to the value of such 
25 
donation. Valuation of assistance other than money shall be based on the 
26 
acquisition cost of the property. Such valuation shall take into consideration 
27 
the depreciated value of property in case said property has been used; 
28 
(c) Importation of economic, technical, vocational, scientific, philosophical, 
29 
historical and cultural books, supplies and materials duly certified by the 
30 
Board, including scientific and educational computer and software equipment, 
31 
shall be exempt from customs duties; 
32 
(d) The Institute shall pay 0% value-added tax for all transactions subject to this 
33 
tax; and 
34 
(e) All academic awards shall be exempt from taxes. 
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(f) Visiting foreign scientific lecturers or resident scientists faculty members shall 
1 
be exempt from tax to include their personal belongings  
2 
SEC. 20. Special Privileges in the Appointment of Foreign/ Visiting 
3 
Professors or Lecturers. The institute shall be given special privilege for the 
4 
employment of foreign nationals, thru expedited application of Alien Employment 
5 
Certificate (AEP), Work Permits (WP), Special Non-Immigrant Visa under E.O. 226 as 
6 
amended by R.A. 8756 (for spouses and dependents), and Pre-Arranged Employment 
7 
Visa.  
8 
SEC. 21. Coverage of Magna Carta Benefits for S&T Workers. All 
9 
personnel of the institute are “S & T Personnel” as defined in section 5 of R.A. 8439 as 
10 
amended by R.A. 11312, and as such shall be entitled to full benefits and incentives under 
11 
the Magna Carta For Scientists and Engineers.  
12 
SEC. 22. Exemption from Age Restrictions For Faculty Members. 
13 
Faculty members shall be exempted from age restrictions per section 129 of the Omnibus 
14 
Rules on Appointment and Other Human Resources and related issuances. 
15 
SEC. 23. Exemption from Salary Standardization Law. The institute 
16 
shall be exempt from the rules and requirements of the budget and management and the 
17 
office of the compensation and position classification, and the salary standardization law.  
18 
SEC. 24. Reportorial Requirements and Auditing of Accounts. The 
19 
Institute shall submit an annual report to Congress containing the financial statements, 
20 
statement of assets and liabilities, actual projected income from tuition fees and other 
21 
revenue sources, contracts and investments entered into pursuant to Section 16 (c) hereof 
22 
and programs of expenditure. All accounts and disbursements of the Institute shall be 
23 
audited by the Commission on Audit. 
24 
SEC 24. Rules of Construction. No statutory or other issuances shall diminish 
25 
the powers, rights, privileges and benefits accorded to the Institute under this Act or 
26 
enjoyed at present by it under other issuances not otherwise modified or repealed under 
27 
this Act, unless subsequent legislation expressly provides for their repeal, amendment or 
28 
modification. Any case of doubt in the interpretation of any of the provisions of this 
29 
Charter shall be resolved in favor of the academic freedom and fiscal autonomy of the 
30 
Institute. 
31 
SEC 25. Appropriations. The amount needed to carry out the implementation 
32 
of this Act shall be charged against the lump sum appropriation of the current fiscal year 
33 
and other internal funds of the Institute. Thereafter, such lump sum representing the 
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responsibility of the national government for the continued growth, operation 
1 
maintenance of the Institute shall be included in the annual General Appropriations Act 
2 
(GAA). 
3 
The Institute may use unexpended balances in any appropriation for purposes that 
4 
the Board determines. 
5 
SEC 26. Separability Clause. Should any provision herein be declared 
6 
unconstitutional, the same shall not affect the validity of the other provisions of this Act. 
7 
SEC 27. Repealing Clause. – All laws, orders, proclamation, rules and 
8 
regulation or parts thereof which are inconsistent with the provisions of this Act are 
9 
hereby repealed or modified accordingly. 
10 
SEC 28. Effectivity. This Act shall take effect fifteen (15) days after its 
11 
publication in the Official Gazette or in any newspaper of general circulation in the 
12 
Philippines.  
13 
Approved,