Law Summary
Mandatory Attachment of a Table of Contents With Fleet Inventory
- Bus operators must attach a table of contents to their fleet inventory.
- This table of contents must list every authorized line with the following details:
- Corresponding case number
- Number of units authorized and registered per line
- Date of authorization of the line or the corresponding certificate of public convenience
- The contents of this table must be consistent and tally with the units listed in the fleet inventory for which the fees are being paid.
Payment Procedures and Compliance
- No payment of annual supervision and regulation fees will be accepted unless accompanied by the documents required by both Memorandum Circular No. 88-017 and this Memorandum Circular No. 90-017.
- This ensures strict compliance with the supervisory requirements and proper regulation of bus operations.
Authority and Enforcement
- The memorandum circular was officially adopted on July 30, 1990.
- The enforcement is under the authority of the Land Transportation Franchising and Regulatory Board (LTFRB), represented by its Chairman and Board Members who signed the circular.
Key Legal Concepts and Implications
- The memorandum emphasizes the importance of regulatory compliance by operators in the public transport sector.
- It ensures that operators maintain accurate and verifiable records of their fleet and authorized routes.
- The requirement to submit validated documents promotes transparency and accountability in the regulation of bus operations.
- By linking payment acceptance to documentary compliance, the LTFRB exercises effective control over franchise and operational authorizations.