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LAND BANK OF THE PHILIPPINES

LBP

LOCAL GOVERNMENT UNIT

LGU

LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD

LTFRB

LAND TRANSPORTATION OFFICE

LTO

LOCAL WATER UTILITIES ADMINISTRATION

LWUA // create under PD 198, as amended.

MARITIME INDUSTRY AUTHORITY

MARINA

DISTRIBUTION UTILITY

dhall refer to any Elecyric Cooperative, private corporation, government-owned utility, or existing local government unit which has an inclusive franchise to operate a distribution system in accoradance with the EPIRA law.

NATIONAL DAIRY AUTHORITY

NDA

NATIONAL WAGES PRODUCTIVITY BOARD

NWPB

NATIONAL WEATHER RESOURCES BOARD

NWRB

OFFICE OF TRANSPORTATION COOPERATIVES

OTC

PHILIPPINE COAST GUARD

PCG

WATER SERVICE COOPERATIVE

duly registered cooperative organized to own, operate, and manage water supply systems for the provision and distribution of portable water for its members.

RENEWABLE ENERGY RESOURCES

energy resources that don not have an upper limit on the total quality to be used.

MARGINAL FARMERS

farmers who are tilling an area of not more than three (3) hectares.

SOCIALIZED HOUSING

housing program and project undertaken by the government and private sector for the underprivileged and homeless which may also be undertaken by a Housing Cooperative.

INSURANCE COOPERATIVE

shall refer to one engaged in the business of insuring life and property of cooperatives and their members. CIS.

COMPREHENSIVE AGRARIAN REFORM PROGRAM EXTENSION WITH REFORM ACT

REPUBLIC ACT 9700 // CARPER ACT

REGIONAL TRIPARTITE WAGES PRODUCTIVITY BOARD

RTWPB

AGRARIAN REFORM BENEFICIARIES

ARBs — shall refer to the qualified beneficiaries of CARP as defined under Section 22, Chapter VII of R.A. 6657.

AGRARIAN REFORM COMMUNITY

ARC — a community composed and managed by ARBs who are willing to be organized and to undertake integrated development of an area and/or their organizations or cooperatives as defined under RA 9700.

BUREAU OF FOOD AND DRUGS

BFAD

Bangko Sentral ng Pilipinas

BSP

COOPERATIVE EDUCATION AND TRANSPORT OPERATION SEMINAR

CETOS // shall refer to seminars conducted by CDA and/or OTC for the purpose of providing continuing education on cooperative and transport operation to enhance the knowledge and capability of the officers as well as members of the Transportation Service Cooperative.

CERTIFICATE OF GOOD STANDING

CGS — issued by the Authority to all types of Cooperatives.

COOPERATIVE INSURANCE SYSTEM

CIS

CERTIFICATE OF LAND OWNERSHIP AWARD

CLOA

INSURANCE COMMISSION

COMMISSION

AUTHORITY

COOPERATIVE DEVELOPMENT AUTHORITY // CDA

Certificate of Public Convenience and Necessity

CPCN

DEPARTMENT OF AGRARIAN REFORM

DAR

Department of Health

DOH

DEPARTMENT OF TRANSPORTATION AND COMMUNICATIONS

DOTC

ELECTRIC POWER INDUSTRY REFORM ACT of 2001

EPIRA

GOVERNMENT SERVICE INSURANCE SYSTEM

GSIS

HOME DEVELOPMENT MUTUAL FUND OR Pag-IBIG FUND

HDMF

HOUSING AND LAND USE REGULATORY BOARD

HLURB

SOCIAL SECURITY SYSTEM

SSS

MICRO-INSURANCE PRODUCT

a financial product or service that meets the risk protection needs of the poor where the amount of premiums, contributions, fees or charges computed on a daily basis does not exceed 5% of the current daily minimum wage rate for non-agricultural workers of Metro Manila.

REFERENDUM

a mechanism of securing the approval of the general membership of an electric cooperative on issues affecting its registration, operation, and management.

WORKER BENEFICIARIES

a natural person who renders service for value as an employee or laborer in an agricultural enterprise or farm within the ARC, regardless of weather his compensation is paid on a daily, weekly, monthly or 'pakyaw' basis.

URBAN AREAS

all cities regardless of their population density and to municipalities with a population density of at least 500 persons per square kilometer.

REGULAR INSURANCE PRODUCT

all other insurance policies not covered by Micro-Insurance Product.

TECHNICAL PLAN

all technical documents required in planning a housing project namely, the bar chart and construction schedule, systematic development plan, the architectural and detailed engineering and housing design, contract documents, technical and material specification.

MICRO-INSURANCE

an activity providing specific insurance, insurance-like, and other similar products and services that meet the needs of the low-income sector for risk protection and relief against distress, misfortune, and other contingent events.

INSURANCE LIKE ACTIVITY

any activity involving regular collection of premiums, fees, contributions, or changes prior to the occurrence of contingent event and the payment of guaranteed benefits upon the occurrence of such event.

ELECTRIC COOPERATIVE

one organized for the primary purpose of undertaking power generation, utilizing renewable energy sources, including hybrid system, acquisition and operation of sub-transmission or distribution to its household members.

HOUSING COOPERATIVE

one organized to assist or provide access to housing for the benefit of its regular members who actively participate in the Savings Program for housing. It is co-owned and controlled by its members.

TRANSPORTATION SERVICE COOPERATIVE

one which engages in land and sea transportation, limited to small vessels, as defined or classified under the Philippine Maritime Laws, organizedunder the provision of the Code.

MEMBER IN GOOD STANDING

one who is regular member and has complied with all the requisites for membership.

DAIRY COOPERATIVE

one whose members are engaged in the production of fresh milk which may be processed and/or marketed as dairy products.

BLANKET LOAN/WHOLESALE LOAN

shall refer to a housing loan contracted/obtained by a housing cooperative intended to identify member-beneficiaries for land acquisition, land improvement, house construction, home improvement, or renovation and other similar purposes.

COOPERATIVE HOUSING PROGRAM

shall refer to an alternative housing approach, in partnership with government/non-government agencies involved in a housing program.

AGRARIAN REFORM COOPERATIVE

shall refer to one organized by marginal farmers majority of which are ARBs duly registered with the Authority for the purpose of developing an appropriate system of land tenure, land development, land consolidation or land management in areas covered by Agrarian Reform and for other purposes as provided by law. ARB Coop as defined in DAR ADMINISTRATIVE ORDER NO. 05, SERIES OF 2009.

HOUSING BENEFICIARIES

shall refer to regular members in good standing of the Housing Cooperative who actively participate in the savings program for housing who are in need or entitled to own a unit as provided in the By-laws and duly approved internal policies of the cooperative.

CPCN/FRANCHISE/PERMIT

shall refer to the Certificate of Public Convenience and Necessity issued by the appropriate government agencies which authorizes the grantee thereof to render the appropriate public service.

Accreditation

shall refer to the act of the OTC BOARD OF DIRECTORS recognizing the Transportation Service Cooperatives and which shall take place after registration with the CDA as evidenced by a Certificate of Accreditation.

AGRARIAN REFORM AREA

shall refer to the area subject to the coverage of CARP / CARPER.

HIGH RISE

shall refer to the construction of at least 5 storey residential building in high density urban and rural areas to provide housing to low income earners.

DISTRIBUTION OF ELECTRICITY

shall refer to the conveyance of electric power by a distribution utility through its distribution system pursuant to the provisions of the EPIRA law.

EXTENSION OFFICERS

shall refer to the offices of the Authority covering one geo-political region each as their area of jurisdiction.

URBANIZABLE AREAS

sites and lands within display marked and great potential of becoming urban areas within the period of 5 years.

WATER PERMIT

the authority to appropriate and use water

MEDIUM RISE HOUSING

the construction of a maximum of four (4) storey residential building in high density urban and rural areas to provide housing to low income earners.

TRANSMISSION OF ELECTRICITY

the conveyance of electricity through the high-voltage system.

SUB-TRANSMISSION ASSETS

the facilities related to the power delivery service below the transmission voltages and based on the functional assignment of assets, including, but not limited to step down transformers used solely by load costumers ...

WATER RIGHT

the privilege granted by the government to appropriate and use water.

SUPPLY OF ELECTRICITY

the sale of electricity by a party other than a generator or a distributor in the franchise area of a distribution utility using the wires of distribution utility concerned.

WATER SUPPLY

the supply of portable water.

WATER TARIFF

water rate charged to customers for water.consumption as determined by the cooperative and approved by the NWRB.