Palacký University, Olomouc was re-established by the Act of the Interim National Assembly, passed on February 21, 1946. It followed up with the tradition of the old Olomouc university, which was established in 1573 and closed in 1860. Therefore the Olomouc University can justly be considered the second oldest university in Bohemia, Moravia and Silesia. At present the Palacký University, Olomouc is formed by eight faculties: St. Cyril and Methodius Faculty of Theology, Faculty of Medicine, Philosophical Faculty, Pedagogical Faculty, Faculty of Science, Faculty of Physical Culture, Faculty of Law and Faculty of Health Sciences. Approximate number of students is 23 000.