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Restaurant Business Sales

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CHAPTER XI: SPECIAL PROVISIONS RELATING TO AGRARIAN REFORM COOPERATIVES
Section 88: Coverage
The provision of this Chapter shall primarily govern agrarian reform cooperatives: Provided, that the provisions of other chapter of this Code shall be applied except insofar as this Chapter otherwise provides.
Section 89: Definition and Purpose
Agrarian Reform cooperative members are the Agrarian Reform Beneficiaries and Farmers
Following purposes: * To develop appropriate system for land tenure, land development and management. Provide assistance in storage transport, marketing of farm products, financial facilities to beneficiaries for a reasonable cost, and arrange transfer of suitable technology in low cost. * To provide social security, medical, social insurance, non-formal education, vocational, technical training livelihood programs and promote the general welfare of agrarian reform beneficiaries and marginal farmers * To undertake comprehensive, integrated development program like agro-based, marine based, cottage based industries and act as a channel for external assistance for the beneficiaries.
Section 90: Cooperative Estates Landholdings, plantations, haciendas acquired by the state of the workers in accordance with comprehensive agrarian reform program shall be owned collectively by the workers and beneficiaries

Section 91: Infrastructure

Government shall grant to agrarian reform cooperative the preferential treatment, authority to construct, maintain funding, roads, bridges, irrigation systems, reservoir, other infrastructure, and provide technical assistance facilities equipment to agrarian reform cooperative for their use.

Section 92: Lease of Public Lands

Government may lease public lands to agrarian reform cooperative members not exceeding 25 years. Renewal is for another 25 only with provided application for renewal one year before the expiration of lease. Section 93: Preferential Right

The agrarian reform cooperative shall have the preferential right to grant the operation and use of public utilities and services in which they should meet the requirements imposed by the government agency who’ll grant the franchise

Section 94: Privileges

Subject to such reasonable terms and condition as the Department of Agrarian Reform and the authority may impose the cooperative be given the exclusive right to do any or all of the following isonomic activities in resettlement areas

* Supply and distribution of consumer agricultural, industrial goods, raw materials supplier, machinery and requirements of the beneficiaries at reasonable price * Marketing, Processing of the products local and foreign markets, finished consumer industrial goods for domestic consumption * Provisions of essential public services at cost such as power, irrigation, cargo transportation by land, sea or air * Management conservation and commercial development of marine, forestry, mineral, water and other natural resources subject to environmental and ecological control

Under this article, the department of agrarian reform, the cooperative development authority and the central bank of the Philippines shall draw up a joint program for the organization financing. This joint program shall be geared towards the beneficiaries’ gradual assumption of full ownership within 10 years from the date of registration of said cooperatives

Section 95: Organization and Registration

Agrarian Reform cooperative may be registered under this code only. Upon prior written by the Department of Agrarian Reform, results of a study has been conducted fairly. The effect is needed and desired by the beneficiaries’ feasibility of organizing will be economically vial in its operation; the same may now be organized and registered.…...

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