Zubiri lauds signing of new CDA charter

Published August 12, 2019, 8:18 PM

by CJ Juntereal

By Vanne Terrazola

Senate Majority Leader Juan Miguel Zubiri lauded the signing of the law that would reorganize and strengthen the Cooperative Development Authority (CDA).

Sen. Juan Miguel "Migz" Zubiri (Senate of the Philippines / MANILA BULLETIN)
Sen. Juan Miguel “Migz” Zubiri
(Senate of the Philippines / MANILA BULLETIN)

Zubiri said President Duterte signed the Republic Act No. 11364 or the Cooperative Development Authority Charter of 2019, last August 8 2019.

“I thank President Rodrigo Duterte for signing the law despite the last ditch efforts of some vested interests to block its enactment into law,” Zubiri, author and sponsor of the measure in Senate, said in a statement.

“We hope that with the reorganization and strengthening of the CDA, we will be able to address the issues and challenges that stunt the development and progress of cooperativism in the country,” he added.

The chair of the Senate Committee on Cooperatives said the new law will respond to the clamor of the cooperative sector to make the CDA more responsive to their needs.

RA 11364 repeals Republic Act 6939 to revise the CDA charter created in 1990.

Under the new law, the CDA shall develop and formulate policies implementing the Philippine Cooperative Code of 2008.

In consultation with the cooperative sector and other concerned institutions, it shall adopt and implement plans and programs on cooperative development; and supervise all types of cooperatives registered in the agency, among other functions

The charter shall also recognize sectoral organizations and a national alliance of cooperatives. These groups shall serve as the overall consultative and coordinating body with the CDA.

The law also modifies the CDA composition. A Board of Directors is created to replace the CDA’s Board of Administration. Each director will represent a cluster of cooperatives instead of a region.

The new board shall be composed of a chairperson and six representatives from the cooperative sector: credit and financial services, banking, and insurance; consumers, marketing, producers, and logistics; human services: health, housing, workers, and labor service; education and advocacy; agriculture, agrarian, aquaculture, farmers, dairy, and fisherfolk; public utilities: electricity, water, communications, and transport.

The board will also now function as a policy-making body, as well as an adjudicating body with regard to cases brought before them.

“As adjudicators, the CDA board of directors could immediately decide on intra and inter-cooperative disputes, impose sanctions on erring cooperatives and act or cancel registrations of unscrupulous cooperatives that prey on our poor countrymen,” Zubiri said in Filipino.

 
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