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(NAR) VOL. 7 NO. 3 / JULY-SEPTEMBER 1996

[ LTFRB MEMORANDUM CIRCULAR NO. 96-014, July 16, 1996 ]

AMENDMENT TO MEMORANDUM CIRCULAR NO. 96-011 (POSTING OF FARE RATES INSIDE AIRCONDITIONED BUSES)



Memorandum Circular No. 96-011 is hereby amended to include the following fines/penalties and to form part thereof as the second paragraph, to wit:

"Operators found not complying with this Circular after its effectivity shall be fined P200.00 for the first offense, P500.00 for the second offense and for the third offense, a "Show Cause" order shall be issued for them to explain why their CPC's should not be suspended/cancelled.

This amendatory circular shall take effect fifteen (15) days after the filing of three (3) copies hereof with the U.P. Law Center, pursuant to Presidential Memorandum Circular No. 11, dated October 9, 1992.

Adopted: 16 July 1996

(SGD.) DANTE M. LANTIN
Chairman

(SGD.) NABOR C. GAVIOLA
Board Member

(SGD.) MAURO F. VERZOSA, JR.
Board Member
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