An Act Declaring the Coconut Levy Assets as a Trust Fund, Providing for Its Management and Utilization, Authorizing the Privatization and Management Office to Dispose of the Coconut Levy Assets for the Benefit of the Coconut Farmers and the Development of the Coconut Industry

The bill aims to consolidate all assets and benefits emanating from the coconut levy, and create a Trust Fund therefrom, to be used to rehabilitate and modernize the coconut industry for the ultimate benefit of coconut farmers and farmworkers.