Photo Release
February 16, 2010

APPROVAL OF IMPLEMENTING RULES AND REGULATIONS ISSUED BY THE COOPERATIVE DEVELOPMENT AUTHORITY (CDA) (MOTHER IRR): Majority Leader Juan Miguel Zubiri (seated, 3rd from left) along with Congressmen Jose Ping-ay (seated, 2nd from left), House Panel Chairman Ernesto Pablo (3rd from right) and Agapito Guanlao (2nd from right) proudly shows the copy of the Implementing Rules and Regulations issued by the Cooperative Development Authority (CDA) (mother IRR) during a photo opportunity shortly after its approval at the Joint Congressional Oversight Committee on Cooperatives held at the Senate on February 16, 2010. Also in photo are Bangko Sentral ng Pilipinas (BSP) Integrated Supervision Department 1 Director Fernando Caballa (seated left) and CDA Executive Director Atty. Neil Santillan (seated right). Standing are Bangkoop Vice Chairman Reno Velasco, Pia Roman of BSP, PUP College of Cooperatives Faculty Member Professor Elenita Mantalaba, Cooperatives Union of the Philippines Secretary General Felix Borja, Phil. Federation of Electric Cooperatives Chairman Narciso Salunat, CDA Legal Officer Inocencio Malapit, Cesar Cortes and Asean Pacific Economic Conference (APEC) Secretary General Louie Coral.

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