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(NAR) VOL. 25 NO. 1 / JANUARY - MARCH 2014
[ LTO MEMORANDUM CIRCULAR NO. AVT-2014-1817, January 07, 2014 ]
AMENDMENTS TO MC NO. RTD-2011-1518 RE: REVISED PROCEDURES IN THE IMPLEMENTATION OF MVRS-RELATED RSUs
Adopted: 07 January 2014
Date Filed: 10 January 2014
In the best interest of the service, Memorandum Circular No. RTD-2011-1518 re: Revised Procedures in the implementation of MVRS-related RSUs by the Management Information Division (MID) and Regional Offices dated 17 May 2011 is hereby amended as follows:
Item No. 1.1 | Type of System Update No. 12: Insert Encumbrance - shall be deleted as one of the types implemented by STRADCOM. This is catered by the MV Maintenance Facility installed at the Operations Division of the Regional Offices. | ||
Type of System Update No. 14: Correction of Customer Details - additional requirement is Securities and Exchange Commission (SEC) Certificate of Registration, in case MV is under the name of a corporation or DTI Certificate of Registration, in case of sole proprietorship. | |||
Item No. 1.6 | For type of system update no. 11 (cancellation of record due to wrong evaluation) shall be read as follows: | ||
1.6.1 | MID Records Section prepares endorsement to the Operations Division (OD) within 8 working hours upon receipt for evaluation and recommendation. | ||
1.6.2 | OD prepares Memo within 15 working days from receipt of the endorsement from MID Records Section. | ||
1.6.2.1 | OD forwards the result of the evaluation together with an accomplished RSU (if applicable) to the MID Records Section, copy furnished the requesting DO. | ||
1.6.2.2 | MID Records Section implements the RSU within 8 hours if recommendation is within the scope of the RSU Utility or prepares endorsement to Customer Care for implementation. |
Previous orders and memoranda inconsistent herewith are hereby superseded.
For information, guidance and strict compliance.
(SGD) ATTY. ALFONSO V. TAN, JR.
Assistant Secretary