LTFRB MEMORANDUM CIRCULAR NO. 2004-008, March 29, 2004
IMPLEMENTING GUIDELINES OF DEPARTMENT ORDER NO. 2004-13, DATED 17 MARCH 2004
Accordingly, operators with expired CP’s may now file their Petitions/Applications for Extension of Validity with the following conditions:
1. Only a holder of expired CPC as of 01 January 1997 shall be allowed to file their Petitions/Applications;
2. Only two (2) units per Case Number shall be allowed to be extended, regardless of the number of authorized units contained therein;
3. Petitions/Applications for Extension of Validity with Dropping and Substitution shall not be accepted. Franchise should first be renewed before accepting application/petition for dropping and substitution; and
4. A penalty in the amount of PhP 500.00 per unit per month shall be paid in addition to the usual assessment charges by the Technical Evaluation Division;
Operators who may want to avail of this privilege are given until 31 December 2004 to file their Petitions/Applications. The original Case Number shall be retained to avoid confusion.
Any and all issuances inconsistent herewith are hereby modified and/or superseded.
This Memorandum Circular shall take effect immediately upon the effectivity of Department Order No. 2004-13.
SO ORDERED.
Adopted: 29 March 2004
(SGD.) MARIA ELENA H. BAUTISTA
Chairperson
(SGD.) FELIX S. RACADIO
Board Member