INSTALLATION OF TAXI METER ISSUING RECEIPT FOR NEW TAXI UNITS

“k. To formulate, promulgate, administer, implement and enforce rules and regulations on land transportation public utilities, x x x.”

That while the persistent strong opposition to the full and /or mandatory implementation of the Memorandum Circulars (MC Nos. 2003-010; 2003-020; 2005-039; 2006-071; 2008-028 and 2009-003)
and Revenue Regulations No. 17-2006 relative to the installation of
Taximeter Issuing Receipt (TIR) is being evaluated and weighed, for all
economic, financial and practical intents and purposes this Board,
cognizant of the National Government’s public transportation
modernization program, deems it prudent that all brand new taxi units
being substituted in place of old ones shall, hence, be required to be
installed/equipped with Taximeter Issuing Receipt.

The TIR shall be secured solely from any of the Bureau of Internal
Revenue and LTFRB duly accredited suppliers dealers/distributors. For
this purpose Inspection Report duly accomplished and/or signed by the
Resealing Section of the Technical Evaluation Division shall be
presented before the release of the approved application for dropping
and substitution.

This Memorandum Circular shall take effect after fifteen (15) days
from its publication in the Official Gazette or in a newspaper of
general circulation in the Philippines. Three (3) copies thereof are
directed to be submitted to the UP Law Center for record purposes,
pursuant to Presidential Memorandum Circular No. 11, dated Oct. 9, 1992.

SO ORDERED.

Adopted: 23 Sept. 2009