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(NAR) VOL. 21 NO.1/ JANUARY - MARCH 2010

[ LTFRB MEMORANDUM CIRCULAR NO. 2010-004, January 07, 2010 ]

EXTENSION OF TIME FOR FILING OF APPLICATION FOR EXTENSION OF VALIDITY WITH CERTAIN MODIFICATIONS



On February 20, 2009, this Board has issued Memorandum Circular 2009-006, Re: REVISED POLICY ON APPLICATION FOR EXTENSION OF VALIDITY OF EXPIRED CERTIFICATE/S OF PUBLIC CONVENIENCE OF ALL TYPES OF SERVICES, wherein the said Memorandum was only made effective until December 31, 2009. For humanitarian considerations, and in order to give reasonable period to those that will be affected by the prescribed period for late filing of Applications for Extension of Validity, this Board will now extend the filing of Application of Extension of Validity of Expired CPC until March 31, 2010, with some modifications enumerated hereunder:

  1. This Memorandum Circular shall not be applicable to PUB and PUJ services;

  2. The regular penalty for late filing shall be in the amount of TEN THOUSAND PESOS (PhP10,000.00) per unit;

  3. In addition to the above-mentioned regular penalty, the penalty of Seven Hundred Fifty Pesos (PhP750.00) per month per unit shall also be imposed;

  4. All other terms and conditions as provided under MC 2009-006 are likewise applicable insofar as they are not inconsistent herewith.

This Memorandum Circular supersedes and amends all issuances inconsistent herewith and shall take effect fifteen (15) days following its publication in a newspaper of general circulation and filing of three (3) copies hereof with the UP Law Center pursuant to Presidential Memorandum Circular No. 11 dated 9 October 1992.

Adopted: 07 Jan. 2010

(SGD.) ALBERTO H. SUANSING
Chairman

(SGD.) GERARDO A. PINILI
        Board Member
(SGD.) MARIA ELLEN DIRIGE-CABATU
        Board Member

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