MEMORANDUM

TO : ALL SECONDARY AND TERTIARY COOPERATIVES

FROM : THE REGIONAL DIRECTOR

SUBJECT : REQUIREMENTS FOR ISSUANCE OF CERTIFICATE OF

COMPLIANCE (COC)

DATE : DECEMBER 13, 2018

___________________________________________________________________

Pursuant to the provision of RA 6939 (Act Creating the CDA) and RA 9520
(Philippine Cooperative Code of 2008) and subsequently Memorandum Circular 2016-
07, the following are the REQUIREMENTS FOR THE ISSUANCE OF CERTIFICATE
OF COMPLIANCE (COC) TO SECONDARY & TERTIARY COOPERATIVES, to wit:

A. Copy of the electronically encoded Cooperative Annual Progress Report

(CAPR) with the following ATTACHMENTS:

a. Social Audit Working Document (Annex A) and Social Audit Report

(Annex B);
b. Governance and Management Audit Report including copies of the
Semi-Annual Report on Mediation and Conciliation as received by
the Authority pursuant to EO 97;
c. Financial Statements audited by an External Auditor accredited by the
CDA;
d. List of Officers and Mandatory Trainings Undertaken/Completed.
e. List of affiliates and Cooperatives which have remitted their respective
Cooperative Education and Training Fund (CETF);
f. Business consultancy assistance including the nature, cost and the use
of CETF; and
g. Other training activities undertaken specifying therein the nature,
participants and cost of each activity.

B. Certification Fee of P 100.00

The COC issued shall cover the operations of the cooperative for the year
immediately preceding the reporting period and shall be valid and effective until April
30 of the succeeding year.

For information and guidance.

RUBEN L. CUNANAN, DDM, MPA