LTFRB MEMORANDUM CIRCULAR NO. 90-006, March 06, 1990
AMENDMENT TO MEMORANDUM CIRCULAR NO. 90-002 MINIMIZING REQUIREMENTS FOR METRO MANILA PUB, PUJ AND TAXI OPERATIONS
National Administrative Register March 6, 1990
Due to the problems applicants are currently encountering with
respect to compliance with requirement No. 4 of Memorandum Circular No.
90-002 and pending discussion of the said requirement with the Insurance
Commission, the applicant, for the time being and until further notice,
may either submit proofs of financial capacity ( TCT’s bank books,
ITR’s, Sworn Statement of Assets and Liabilities, etc.) or the insurance
coverage as required in No. 4 of MC 90-002.
respect to compliance with requirement No. 4 of Memorandum Circular No.
90-002 and pending discussion of the said requirement with the Insurance
Commission, the applicant, for the time being and until further notice,
may either submit proofs of financial capacity ( TCT’s bank books,
ITR’s, Sworn Statement of Assets and Liabilities, etc.) or the insurance
coverage as required in No. 4 of MC 90-002.
This Memorandum Circular takes effect immediately.
Adopted: 6 March 1990
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(SGD.) REMEDIOS A. SALAZAR-FERNANDO
Chairman |
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(SGD.) DANTE M. LANTIN
Board Member |
(SGD.) NICOLAS B. ACACIO. JR.
Assistant Secretary/ and Acting Board Member |