AMENDMENT TO MEMORANDUM CIRCULAR NO. MC-91-143[] RE: VALIDITY OF POSTAL MONEY ORDER PAID AS DEPOSIT FOR REGISTRATION FEES
National Administrative Register November 20, 1991 [ LTO MEMORANDUM CIRCULAR NO. MC-91-143-A, January 08, 1992 ]
Paragraph three (3) of Memorandum Circular No. MC-91-143 dated 20 November 1991 should read as follows:
[*] See II NAR 4, p. 722 for text.
To correct this compartmentalized policy it is hereby directed that all postal money order paid as deposit for all classes of motor vehicles will carry a validity period of three (3) months reckoned from the date it was filed. A penalty of fifty percent (50%) surcharge shall be collected for all motor vehicles paid after the expiration of the validity period.
This memorandum circular shall take effect immediately.
Adopted: 8 Jan. 1992
(SGD.) JUAN V. BORRA, JR.
Assistant Secretary
Assistant Secretary
[*] See II NAR 4, p. 722 for text.