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Rules and Regulations Implementing the Special Provisions of the Philippine Cooperative Code of 2008
Accreditation
shall refer to the act of the OTC Board of Directors recognize the Transportation Service Cooperatives and which shall take place after registration with the CDA as evidenced by a Certificate of Accreditation
Agrarian Reform Area
shall refer to the area subject to the coverage of Comprehensive Agrarian Reform Program (CARP)/Comprehensive Agrarian Reform Program Extension with Reform (CARPER)
Agrarian Reform Beneficiaries (ARBs)
shall refer to the qualified beneficiaries of Comprehensive Agrarian Reform Program (CARP) as defined under Section 22, Chapter VII of R.A. 6657
Agrarian Reform Community (ARC)
shall refer to a community composed and managed by ARBs who are willing to be organized and to undertake the integrated development of an area and/or their organizations or cooperatives as defined under RA 9700, otherwise known as the Comprehensive Agrarian Reform Program Extension with Reform (CARPER) Act.
Agrarian Reform Cooperative
shall refer to one organized by marginal farmers majority of which are Agrarian Reform Beneficiaries duly registered with the Authority for the purpose of developing an appropriate system of land tenure, land development, land consolidation or land management in areas covered by agrarian reform and for other purposes as provided by law. The same shall also refer to Agrarian Reform Beneficiaries Cooperative (ARB Coop) as defined in DAR Administrative Order No. 05, Series of 2009
Blanket Loan/Wholesale Loan
shall refer to a housing loan contracted/obtained by a housing cooperative intended to identify member-beneficiaries for land acquisition, land improvement, house construction, home improvement, or renovation and other similar purposes
Certificate of Land Ownership Award
CLOA
Cooperative Education and Transport Operation Seminar (CETOS)
shall refer to seminars conducted by CDA and/or OTC for the purpose of providing continuing education on cooperative and transport operation to enhance the knowledge and capability of the officers as well as the members of the Transportation Service Cooperative
Cooperative Housing Program
shall refer to an alternative housing approach, in partnership with government/non-government agencies involved in a housing program, undertaken by a financially and organizationally stable cooperative to address the housing problems of its members primarily the low-income earners through its own cooperative efforts in planning and direct production of affordable, decent and adequate housing units.
CPCN/Franchise/Permit
shall refer to the Certificate of Public Convenience and Necessity issued by the appropriate government agencies which authorizes the grantee thereof to render the appropriate public service
Dairy Cooperative
shall refer to one whose members are engaged in the production of fresh milk which may be processed and/or marketed as dairy products
Distribution of Electricity
shall refer to the conveyance of electric power by a distribution utility through its distribution system pursuant to the provisions of the EPIRA Law
Distribution of Utility
shall refer to any Electric Cooperative, private corporation, government-owned utility, or existing local government unit which has an exclusive franchise to operate a distribution system in accordance with the EPIRA Law.
Department of Transportation and Communications
DOTC
Electric Cooperative
shall refer to one organized for the primary purpose of undertaking power generation, utilizing renewable energy sources, including hybrid system, acquisition and operation of subtransmission or distribution to its household members
Extension Offices
shall refer to the offices of the Authority covering one geo-political region each as their area of jurisdiction
Electric Power Industry Reform Act of 2001
EPIRA
High Rise/Condominium Housing
shall refer to the construction of at least five (5) storey residential building in high density urban and rural areas to provide housing to low income earners
Housing and Land Use Regulatory Board
HLURB
Housing Beneficiaries
shall refer to regular members in good standing of the Housing Cooperative who actively in the By-laws and duly approved internal policies of the cooperative
Housing Cooperative
shall refer to one organized to assist or provide access to housing for the benefit of its regular members who actively participate in the savings program for housing. It is co-owned and controlled by its members
Insurance Cooperative
shall refer to one engaged in the business of insuring life and property of cooperatives and their members. It shall also refer to Cooperative Insurance Societies (CIS)
Insurance Like Activity
shall refer to any activity involving regular collection of premiums, fees, contributions, or charges prior to the occurrence of contingent event and the payment of guaranteed benefits upon the occurrence of such event
Local Water Utilities Administration
LWUA
Maritime Industry Authority
MARINA
Marginal Farmers
shall refer to farmers who are tilling an area of not more than three (3) hectares.
Medium Rise Housing
shall refer to the construction of a maximum of four (4) storey residential building in high density urban and rural areas to provide housing to low income earners
Member in Good Standing
shall refer to one who is a regular member and has complied with all the requisites for membership. One who possesses all the qualifications and none of the disqualifications provided in the Cooperative By-laws as ascertained by the Board of Directors and has the right to vote and be voted upon
Micro-Insurance
shall refer to an activity providing specific insurance, insurance-like, and other similar products and services that meet the needs of the low-income sector for risk protection and relief against distress, misfortune and other contingent events.
Micro-Insurance Product
shall refer to a financial product or service that meets the risk protection needs of the poor where the amount of premiums, contributions, fees or charges computed on a daily basis does not exceed five percent (5%) of the current daily minimum wage rate for non-agricultural workers in Metro Manila, as approved by the National Wages Productivity Board (NWPB)/Regional Tripartite Wages Productivity Board (RTWPB) and the maximum sum of guaranteed benefits is not more than 500 times the daily minimum wage rate for non-agricultural workers in Metro Manila
Next of Kin
shall, for purposes of succession, refer to an natural person who is an heir of an agrarian reform beneficiary and who is qualified to be a member of the cooperative as ARB under its By-laws and as determined by DAR
Referendum
shall refer to a mechanism of securing the approval of the general membership of an Electric Cooperative on issues affecting its registration, operation, and management
Regular Insurance Product
shall refer to all other insurance policies not covered by Micro-Insurance Product.
Renewable Energy Resources
shall refer to energy resources that do no have an upper limit on the total quality to be used. Such resources are renewable on a regular basis and the renewable rate is rapid enough to consider availability over an infinite time. These include among others, biomass, solar, wind, hydro and ocean energy.
Regional Tripartite Wages Productivity Board
RTWPB
Socialized Housing
shall refer to the housing program and project undertaken by the government and private sector for the underprivileged and homeless which may also be undertaken by a Housing Cooperative. This includes sites and services development, long-term financing and liberalized terms on interest payments.
Sub-transmission Assets
shall refer to the facilities related to the power delivery service below the transmission voltages and based on the functional assignment of assets, including, but not limited to stepdown transformers used solely by load customers, associated switchyard/substation, control and protective equipment, reactive compensation equipment to improve customer power factor, overhead lines, and the land where such facilities/equipment are located. These include NPC assets linking transmission system and the distribution system which are neither classified as generation nor transmission
Supply of Electricity
shall refer to the sale of electricity by a party other than a generator or a distributor in the franchise area of a distribution utility using the wires of the distribution utility concerned.
Technical Plan
shall refer to all technical documents required in planning a housing project namely, the bar chart and construction schedule, systematic development plan, the architectural and detailed engineering and housing design, contract documents, technical and material specification
Transmission of Electricity
shall refer to the conveyance of electricity through the high voltage system.
Transportation Service Cooperative
shall refer to one which engages in land and sea transportation, limited to small vessels, as defined or classified under the Philippine Maritime laws, organized under the provision of the Code
Urban Areas
shall refer to all cities regardless of their population density and to municipalities with a population density of at least 500 persons per square kilometer
Urbanizable Areas
shall refer to the sites and lands within display marked and great potential of becoming urban areas within the period of five (5) years
Water Tariff
shall refer to the water rate charged to customers/members for water consumption as determined by the cooperative and approved by the NWRB.
Water Permit
shall refer to the authority to appropriate and use water.
Water Right
shall refer to the privilege granted by the government to appropriate and use water.
Water Service Cooperative
shall refer to a duly registered cooperative organized to own, operate, and manage water supply systems for the provision and distribution of potable water for its members/consumers.
Water Supply
shall refer to the supply of potable water as provided by the cooperative for domestic, industrial, commercial, and other uses
Worker Beneficiaries
shall refer to a natural person who renders service for a value as an employee or laborer in an agricultural enterprise or farm within an ARC, regardless of whether his compensation is paid on a daily, weekly, monthly or "pakyaw" basis.