PPA MEMORANDUM CIRCULAR NO. 03-2003

: The PPA relies on Sections 2 (f) and 20 of Presidential Decree 857 (as amended) to amend the definition of Revenue Ton or Tonnage.
: Revenue Ton or Tonnage means one (1) cubic meter or one (1) metric ton (1,000 kilograms), whichever yields the greater amount of revenue.
: PPA Memorandum Circular No. 03-95 contains the original definition amended by PPA Memorandum Circular No. 03-2003.
: The new port charges are under PPA Memorandum Circular No. 07-94.
: It applies to all previously issued documentation concerning Terms and Conditions of Cargo Handling Tariffs and Contracts and amends all other PPA issuances regarding the definition of Revenue Ton or Tonnage.
: To comply with the System Internationale and to ensure that whichever measurement yields a greater amount of revenue is used for proper assessment and collection of port charges.
: Alfonso G. Cusi, General Manager of the Philippine Ports Authority, adopted and signed the memorandum.
: It was adopted on February 7, 2003.
: The definition determines how cargo volume or weight is measured to assess proper port charges, ensuring correct revenue collection for services rendered.
: Yes, it governs the basis for assessment and collection of cargo handling tariffs and contracts by defining the unit of measurement relevant for revenue purposes.