Section 3Sec./Art. 3

Section 3 of Republic Act No. 9003 is hereby amended to read as follows:

"Section 3. Definition of Terms. For the purposes of this Act:

"x x x

"(d-1) Circular economy shall refer to an economic model of creating value by extending product lifespan through improved design and servicing, and relocating ways from the end of the supply chain to the beginning. This intends to efficiently utilize resources by its continual use, and aims to retain the highest utility and value of products, components and materials at all times, through sharing, leasing, reuse, repair, refurbishment, and recycling in an almost closed loop;

"x x x

"(m-1) Extended producer responsibility (EPR) shall refer to the environmental policy approach and practice that requires producers to be environmentally responsible throughout the life cycle of a product, especially its post-consumer or end-of-life stage;

"x x x

"(p-1) High recyclability shall refer to a condition wherein the value for recovery and reprocessing of a product is high, due to its design, composition, content, and density, among other things;

"(p-2) High retrievability shall refer to a condition wherein after use of a product, a significant volume of its waste can be recovered, properly recycled, processed or disposed of, on account of its high value for recovery, recycling, or reprocessing;

"(p-3) Importer shall refer to a natural or juridical person engaged in bringing consumer goods into the Philippines, intended to be sold, whether in original packaging or to be repackaged for distribution to the general public;

"(p-4) Large enterprises shall refer to any business entity whose total assets, inclusive of those arising from loans but exclusive of the land on which the particular business entity's office, plant and equipment are situated, are exceeding that of medium enterprises stated under Republic Act No. 9501, otherwise known as the ""Magna Carta for Micro, Small, and Medium Enterprises"";

"x x x

"(s-1) Obliged enterprises shall refer to product producers that are required to implement an EPR program under this Act;

"x x x

"(v-1) Plastic shall refer to a synthetic material made from a wide range of organic polymers such as polyethylene terephthalate, high density polyethylene, low density polyethylene, polypropylene, polystyrene, PVC and nylon that can be processed to form solid objects of various shapes;

"(v-2) Plastic neutrality shall refer to a system or its desired outcome where, for every amount of plastic product footprint created, an equivalent amount thereof is recovered or removed from the environment by the product producers through an efficient waste management system;

"(v-3) Plastic packaging shall refer to the polymer material designed to protect a product from environmental factors, or carry goods for transportation, distribution, and sale, including service necessities and more particularly described under Section 44-C;

"(w-1) Product footprint shall refer to a measure of the amount of goods produced, imported, distributed or supplied by a product producer, and deemed to cause damage to the environment;

"(w-2) Product producer shall refer to any of the following persons:

(1) brand owner who sells or supplies any commodity under a brand, label or identity using a product it produced, or a material supplied to it by another manufacturer, or supplier; an

(2) product manufacturer or importer that supplies its commodities for the use of the general consumer, or distributes the same as a material product of a brand owner: Provided, That for purposes of Article 2 of Chapter III-A, in case the commodities are manufactured, assembled or processed by a product manufacturer for another obliged enterprise which affixes its own brand name, the latter shall be deemed as the manufacturer;

"x x x

"(qq-1) Sustainable consumption and production shall refer to the use of services and related products that respond to basic needs and bring a better quality of life, while minimizing the use of natural resources and toxic materials, as well as the emission of wastes and pollutants over the life cycle of the service or product, so as not to jeopardize the needs of future generations;

x x x.