Republic Act No. 11502

: Republic Act No. 11502 is an act declaring the month of October of every year as the "National Cooperative Month".
: It was approved on December 16, 2020.
: The primary purpose is to promote the principles and values of cooperatives and encourage the cooperative movement.
: The Cooperative Development Authority (CDA) is tasked to conduct the activities and programs.
: The CDA must consult and partner with cooperative development councils, cooperatives development officers, national and local federations and unions of cooperatives, and other government agencies.
: The Act takes effect fifteen (15) days following its publication in the Official Gazette or in a newspaper of general circulation.
: No, the law does not specify any penalties for non-compliance.
: The main objectives are to promote the principles and values of cooperatives and to encourage the cooperative movement.
: The law does not specify the form, but it should be done in consultation and partnership with relevant cooperative bodies and government agencies.
: It was enacted by the Senate and House of Representatives of the Philippines in Congress assembled.