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Questions and Answers
What is the purpose of the paragraph regarding implementing rules and regulations in the given text?
What is the purpose of the paragraph regarding implementing rules and regulations in the given text?
- To specify the penalties for violating cooperative regulations
- To explain the process for issuing regulations to implement provisions of the Code (correct)
- To designate specific government agencies for issuing cooperative regulations
- To outline the procedure for registering as a cooperative
What is prohibited under the penal provisions mentioned in the text?
What is prohibited under the penal provisions mentioned in the text?
- Engaging in monopoly practices within cooperatives
- Using the word 'cooperative' without proper registration (correct)
- Failing to pay taxes as per Articles 60 and 61 of the Code
- Failing to comply with government regulations
What are the potential penalties for violating cooperative regulations as per the given text?
What are the potential penalties for violating cooperative regulations as per the given text?
- Imprisonment ranging from 5 to 10 years and a fine of P50,000.00
- Imprisonment of not less than two years and a fine not exceeding P20,000.00 (correct)
- Imprisonment of not less than one year and a fine of P10,000.00
- Imprisonment ranging from 3 to 7 years and a fine not exceeding P30,000.00
What happens if a person willfully attempts to evade or defeat tax in violation of Articles 60 and 61 of this Code?
What happens if a person willfully attempts to evade or defeat tax in violation of Articles 60 and 61 of this Code?
What is the maximum fine for willfully attempting to evade or defeat tax as per the text?
What is the maximum fine for willfully attempting to evade or defeat tax as per the text?
Under what conditions can an individual or organization use the word 'cooperative' without proper registration as per Article 130 of the Code?
Under what conditions can an individual or organization use the word 'cooperative' without proper registration as per Article 130 of the Code?
What is the penalty for a public official who interferes with the internal affairs of a cooperative of which they are not a member?
What is the penalty for a public official who interferes with the internal affairs of a cooperative of which they are not a member?
Under what circumstances can a public official be penalized with imprisonment or a fine?
Under what circumstances can a public official be penalized with imprisonment or a fine?
What penalty can a director, officer, or committee member face for violating specific articles related to their roles?
What penalty can a director, officer, or committee member face for violating specific articles related to their roles?
What penalty can a person face for providing false information to the Authority?
What penalty can a person face for providing false information to the Authority?
What penalty can a person face for omission or refusal to furnish required information?
What penalty can a person face for omission or refusal to furnish required information?
What is the penalty for a violation that diminishes or restricts a duly registered cooperative from enjoying tax exemptions?
What is the penalty for a violation that diminishes or restricts a duly registered cooperative from enjoying tax exemptions?
What is the penalty for illegal use of confidential information as per Article 49?
What is the penalty for illegal use of confidential information as per Article 49?
Under what circumstances can a public official be penalized with imprisonment or a fine, according to the text?
Under what circumstances can a public official be penalized with imprisonment or a fine, according to the text?
What is the penalty for disloyalty to a cooperative as per Article 48?
What is the penalty for disloyalty to a cooperative as per Article 48?
What is the punishment for influencing the election or appointment of officers as mentioned in the text?
What is the punishment for influencing the election or appointment of officers as mentioned in the text?
