MIA MEMORANDUM ORDER NO. 5, May 30, 1984
RESCINDING MEMORANDUM ORDER NOS. 3 AND 4 IMPLEMENTING E.O. 769 OTHERWISE KNOWN AS CARGO SHARING LAW
National Administrative Register May 30, 1984
WHEREAS, Memorandum Orders Nos. 3 and 4 regulating the RP-US trade
route were issued to give Philippine shipping lines fair opportunity to
carry a reasonable share in the trade moved between the two countries.
route were issued to give Philippine shipping lines fair opportunity to
carry a reasonable share in the trade moved between the two countries.
WHEREAS, the unfortunate cessation of operation by the Maritime
Company of the Philippines, on the one hand, and the improvement in the
marketing efforts of National Galleon Shipping Corporation, on the
other, have made government assistance unnecessary.
NOW, THEREFORE, Memorandum Orders Nos. 3 and 4 dated July 5, 1982 and
October 19, 1982 respectively are hereby revoked and rescinded.
This order shall take effect immediately.
Adopted: 30 May 1984
|
(SGD.) VICTORINO A. BASCO
Administrator |
(SGD.) JOSE P. DANS, JR.
Minister of Transportation and Communications |
Effective: 30 May 1984