LTFRB MEMORANDUM CIRCULAR NO. 94-005

: The main purpose is to revoke Memorandum Circular No. 93-005 and to expedite the release of approved Certificates of Public Convenience to applicants without requiring them to submit Motor Vehicle Inspection Reports (MVIRs) as a pre-condition.
: The requirement for submitting MVIRs as a pre-condition for the release of approved Certificates of Public Convenience has been revoked.
: The Land Transportation Office (LTO) is tasked with inspecting motor vehicles and registering them only if these vehicles are found to be roadworthy and fit for public service.
: Yes, it covers inspection and registration of both public and private motor vehicles.
: The Memorandum Circular took effect immediately upon its adoption on March 9, 1994.
: The signatories were Dante M. Lantin (Chairman), Nabor C. Gaviola (Board Member), and Jesus C. Cruz (Board Member).
: Prior to this Circular, the MVIR was a mandatory pre-condition needed before the approval of Certificates of Public Convenience for motor vehicles.
: It removes the requirement to submit MVIRs before Certificates of Public Convenience are granted, thus streamlining the application process.
: The LTO assumes sole responsibility for the inspection and registration of vehicles, ensuring that only roadworthy and fit vehicles are registered for public service, thereby maintaining safety and regulatory compliance.