LTFRB MEMORANDUM CIRCULAR NO. 2005-050, December 02, 2005
PROHIBITION OF INTERCHANGE OF UNITS
National Administrative Register December 2, 2005
In order to avoid confusion as to the authorized units of a particular Certificate of Public Convenience (CPC), grantees of Certificates of Public Convenience with two (2) or more CPCs are prohibited to file a Petition of Interchange of Units.
This Memorandum Circular supersedes any and all issuances inconsistent herewith, and takes effect immediately.
SO ORDERED.
Adopted: 02 Dec. 2005
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(SGD.) MARIA ELENA H. BAUTISTA
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Chairperson
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(SGD.) GERARDO A. PINILI
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(SGD.) MA. ELLEN DIRIGE-CABATU
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Board Member
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Board Member
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