Section 24March 10, 1990, Sec./Art. 24

Federation of Cooperatives. - (1) A federation of cooperatives whose members are primary and/or secondary cooperatives with single line or multipurpose business activities may be registered under this Code for any or all of the following purposes:

(a) Primary Purpose: To carry on any cooperative enterprise authorized under Section 6;

(b) Secondary Purpose:

(i) To carry on, encourage, and assist educational and advisory work relating to its member cooperatives;

(ii) To render services designed to encourage simplicity, efficiency, and economy in the conduct of the business of its member cooperatives and to facilitate the implementation of their book-keeping, accounting, and other system and procedures;

(iii) To print, publish, and circulate any newspaper or other publication in the interest of its member cooperatives and enterprises;

(iv) To coordinate and facilitate the activities of its member cooperatives;

(v) To enter into joint ventures with national or International cooperatives of other countries in the manufacture and sale of products and/or services in the Philippines and abroad; and

(vi) To perform such other functions as may be necessary to attain its objectives.

A federation of cooperatives may be registered by carrying out the formalities for registration of a cooperative.

(2) Registered cooperatives may organize a federation at the provincial city, regional, and national levels according to the type of business carried on.