Law Summary
Implementing Agencies and Partnerships
- The Cooperative Development Authority (CDA) is the primary agency responsible for implementation.
- The CDA is mandated to coordinate with cooperative development councils, cooperative development officers, national and local federations and unions of cooperatives.
- Other government agencies may also be involved in promoting and supporting the activities.
Scope of Activities and Programs
- The activities and programs are intended to promote cooperative values and principles.
- They also aim to encourage participation and growth within the cooperative sector.
- The Act does not specify exact activities but authorizes the CDA to conduct appropriate programs.
Effectivity
- The law takes effect fifteen (15) days after its publication.
- Publication is required either in the Official Gazette or in a newspaper of general circulation.
- This ensures public awareness and facilitates the implementation of the law.
Legal Formalities and Enactment
- The law was passed by both houses of Congress, reflecting the legislative process.
- It was enacted following the concurrence of amendments by both the Senate and the House of Representatives.
- The President of the Philippines approved the law, giving it full force and effect.