BA 120.

1 (CLASS ACTIVITY – MARCH 5 & 8, 2019)

Part I
Instructions: Read RA 9520 – Philippine Cooperative Cod of 2008, its amendments and related IRR.
Answer the following questions. Use yellow pad. Write legibly.

1. Differentiate a regular member from an associate member of the cooperative – RA 9520

CHAPTER 3
2. What are the types of cooperatives? Describe each. – RA 9520 ARTICLE 23 CHAP 2

On March 12, 2019, there will be graded recitation on the following:

1. Dissolution of Cooperatives – RA 9520 CHAPTER 7

2. Merger and Consolidation of Cooperatives – RA 9520 ARTICLE 21
3. Allocation and Distribution of Funds – RA 9520 CHAPTER 10
4. Other Provisions of the Code – read the Code LOL

Part II. Read SRC (Securities Regulation Code) Rule 68 as amended, Securities Regulation code , its
amendments and IRR, and SEC Circulars. Answer the following:

1. What is a General Information Sheet (GIS) filed with SEC? Who are required to submit/file GIS?
When is the deadline of filing GIS? – SEC Reportorial Requirements
2. When is the deadline for filing of Annual Audited Financial Statements with the SEC? - SEC
Reportorial Requirements
3. What are the criteria in classifying an entity as micro-entities? – SRC RULE 68 p.6
4. Who are the signatories to the Statement of Management Responsibility on Financial
Statements? - SRC RULE 68 p.7
5. What is insider trading? – SRC CHAPTER 7 particularly SECTION 27

Part III. Read the AMLA Law and answer the following questions:

1. What are the covered transactions of AMLA? – IRR 10167 p.7

2. What are considered suspicious transactions under the AMLA Law? - IRR 10167 p.7

Part IV. Read RA 10173 (Data Privacy Act) and answer the following:

1. What are the rights of the data subject? – IRR 10173 Rule VIII Sec 34
2. What are examples of sensitive personal information? IRR 10173 Sec 2 Letter t

DEADLINE: SUBMIT ON MONDAY MARCH 11, 2019