Registration.
Section 129
SEC. 129. Registration.—No co-operative wholesale society shall be registered by the Administrator, unless the articles of incorporation and the by-laws of such cooperative wholesale society have been approved by the Secretary of Commerce and Industry and the co-operative wholesale society satisfies all the provisions for registration of federations of co-operatives. There may be registered one co-operative wholesale society at the national level to serve as the chief source of supply and marketing of goods required and produced by the affiliated co-operatives and one provincial co-operative wholesale society in each province.