LTFRB MEMORANDUM CIRCULAR NO. 2001-006, October 09, 1992
PENALTY FOR WRONG ADDRESS OF OPERATOR
Accordingly, in view of this misrepresentation, any operator found to have given to the Board a wrong or incomplete address where summons, show cause orders and other processes of the Board may be served, or who otherwise fails to inform the Board of its new address within seventy-two (72) hours from date of transfer shall be subject to the penalty of cancellation of the certificate of public convenience, unless it can be shown that the misrepresentation or omission is not intentional or done in good faith. In which case, the order of cancellation shall be set aside.
All other issuances or parts thereof which are inconsistent herewith, are therefore modified or superseded accordingly to conform with this new directive.
This circular shall take effect fifteen (15) days after the filing of three (3) copies hereof with the UP Law Center, pursuant to Presidential Memorandum Circular No. 11 dated 09 October 1992.
Adopted: 09 October 1992
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(SGD.) DANTE M. LANTIN
Chairman |
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(SGD.) VIGOR D. MENDOZA II
Board Member |
(SGD) REMEDIOS G. BELLEZA
Board Member |