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As prescribed by House Rules, the committee's jurisdiction includes the following: [1] Cooperatives inclusive of cooperative movements and organizations; Electric cooperatives registered with the Cooperative Development Authority
It was established under Republic Act No. 6939 also known as the Cooperative Development Authority Act, as mandated by Republic Act No. 6939, the Cooperative Code of the Philippines. Republic Act No. 6939 was repealed and was replaced by Republic Act No. 9520, otherwise known as the "Philippine Cooperative Code of 2008."
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The sixth of the Rochdale Principles states that co-operatives cooperate with each other. According to the ICA's Statement on the Co-operative Identity, "Co-operatives serve their members most effectively and strengthen the co-operative movement by working together through local, national, regional and international structures." [2]
The cooperative share capital [44] or co-operative share capital (in short cooperative capital [44] or co-operative capital) is the form of capital that the cooperative accumulates from the paid participation shares of its members. [45] [46] [44] The total amount of participation shares the paid to the cooperative constitutes the cooperative ...
According to the Rules of the Senate, [1] the committee handles all matters relating to: Cooperatives, both urban- and rural-based, including but not limited to farm credit and farm security, cooperative movements, and marketing and consumers' organizations
The International Cooperative Alliance (ICA) is a non-governmental cooperative organization founded in 1895 to unite, represent and serve cooperatives worldwide.The ICA is the custodian of the internationally recognised definition, values and principles of a cooperative in the ICA Statement on the Cooperative Identity.
A second common form of co-operative federation is a co-operative union, whose objective (according to Gide) is “to develop the spirit of solidarity among societies and... in a word, to exercise the functions of a government whose authority, it is needless to say, is purely moral.” [2] Co-operatives UK and the International Co-operative Alliance are examples of such arrangements.