SEVERAL transport groups are still seeking for the conduct of another Cooperative Education and Transport Operation Seminar (CETOS) in Benguet. The seminar is a requirement for registration by transport cooperatives-to-be at the Office of Transport Cooperatives (OTC) and Cooperative Development Authority (CDA) in relation to the Public Utility Vehicle Modernization Program.
The Benguet Cooperative Development Council and the Provincial Government Unit of Benguet conducted two CETOS for this year in coordination with OTC. Despite of the efforts of the agencies, still, many operators and drivers petition for another wave of seminar.
Aside from OTC, CDA also have its guidelines for the registration of co-ops if the group chooses not to register as corporation. CDA just released its Memorandum Circular S-2018-04 or the Registration of Transport Cooperatives/Transportation Service Cooperatives by the CDA-Central Office, Registration Division.
The guidelines is issued for the orderly registration of Transport Cooperatives/Transportation Service Cooperatives and in compliance with the requirements provided under RA 9520, Rule V of the Special Provisions of the Revised Implementing Rules and Regulations, and relevant administrative issuances of the CDA. This shall govern the registration of prospective Transport Cooperatives/ Transportation Service Cooperatives and existing cooperatives intending to render public transport services such as land and sea/water transportation services, but is limited however to small vessels, for the safe conveyance of passengers and/or cargoes.
All applications for registration of prospective Transport Cooperatives/ Transportation Service Cooperatives and any amendment of the Articles of Cooperation and Bylaws of existing cooperatives to include public transport services shall be filed with the respective CDA Extension Offices (EO) having jurisdiction over the principal offices of the proposed Transport Cooperatives/Transportation Service Cooperatives or of the existing cooperatives.
Upon receipt of applications for registration, the respective Extension Office shall conduct an initial verification/validation thereof. After which, said Extension Office shall forward the registration documents together with the appropriate recommendation to the Registration Division of the CDA Central Office for final evaluation and issuance of the Certificate of Registration. Should the applicant completely satisfy the requirements needed.
For prospective Transport Cooperatives/ Transportation Service Cooperatives, the following requirements shall be submitted to the Authority in four (4) copies:
Articles of Cooperation and By-laws;
Sworn Statement of the treasurer elected by the subscribers showing that at least twenty-five per centum (25%) of the authorized share capital has been subscribed and at least twenty-five per centum (25%) of the total subscription has been paid: Provided, that in no case shall the paid-up share capital be less than Fifteen Thousand Pesos (P15,000.00);
Certificate of Attendance to a Pre-Registration Seminar (PRS) issued by the CDA;
Certificate of Attendance to a Cooperative Education and Transport Operation Seminar (CETOS) issued by the OTC;
Surety Bond of Accountable Officers handling funds, properties and sureties;
Economic Survey and;
Favorable endorsement from the Office of Transportation Cooperative (OTC) or other government agency designated by DOTC.
For those who are still waiting for the next CETOS, the Benguet Provincial Cooperative Union is trying to contact OTC for another schedule to be conducted in December.
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Happy birthday to my gorgeous and mathematician wife, Matet - a Magnetic, Attractive, Talented, Enchanting Teacher. I love you and may God bless all your endeavors.