(NAR) VOL. 26 NO. 3/ JULY - SEPTEMBER 2015
ARTICLE/ITEM | REFERENCE | REMARKS |
Explanation Letter/Justification Write- up for non-renewal of CGS (1 year and above the preceding current application) | Article V (Documentary Requirements), paragraph 2 and Article IX (Basis for Non- Issuance/Withdrawal of CGS) of the MC No. 2014-03-004 dated 03 March 2014 | Explanation/justification should be complete in essence presenting all needed facts and other supporting data/information |
Summary Report on TC Members Profile | Article V (Documentary Requirements), Item F of the MC No. 2014-03-004 dated 03 March 2014 | Should be duly and completely accomplished |
Master Plan on the TC Compliance with the required Minimum Number of “Coop-Owned” Vehicles/Units | Required under MC No. 2014- 09-012 dated 03 September 2014 (Supplemental Guidelines to MC 2014-03- 004) as additional documentary requirements | A 3-Year Plan is required for old/existing TC starting the year 2015 and ending the year 2018 A 5-year Plan is required for new TC commencing at its CDA registration date |
Net Loss/Deficit from the Statement of Operations covering and starting calendar/fiscal year 2014 onwards | Required under MC No. 2014- 09-012 dated 03 September 2014 (Supplemental Guidelines to MC 2014-03- 004) as additional condition or basis CGS non- issuance/withdrawal. | An appeal may be issued in this case subject to further evaluation of the same and satisfying special requirements as may be required by OTC |