LTFRB MEMORANDUM CIRCULAR NO. 2007 - 03, January 08, 2007
DEADLINE OF APPLICATION FOR CONVERSION TO P2P EXPRESS SERVICE PROGRAM
Accordingly, all applicants for approval of sale and transfers, motions, dropping and substitution and other pleadings relative to the conversion program shall be forwarded by the concerned officials and employees of the Board to the AUV Secretariat for consolidation of decisions, resolutions and orders.
Failure of the qualified Applicants to apply for conversion shall be construed as lack of interest to pursue the application and proof of non-financial capacity. Hence, in the interest of public service, the Certificate of Public Convenience of the operator shall only be valid and subsisting up to the expiration of its validity and the slot shall be allotted to new Applicants who are willing and ready to avail of the program.
This Memorandum Circular supersedes any and all issuances inconsistent herewith, and takes effect immediately following the filing of three (3) copies hereof with the UP Law Center, pursuant to Presidential Memorandum Circular No. 11, dated 09 October 1992.
SO ORDERED.
Adopted: 08 Jan. 2007
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(SGD.) THOMPSON C. LANTION
Chairman |
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(SGD.) MA. ELLEN DIRIGE-CABATU
Board Member |
(SGD.) GERARDO A. PINILI
Board Member |