Exemption from Substitution Requirement
- Clarifies that the grantees operating within CAR and Baguio City are exempt from the substitution of taxi and mega taxi units as mandated by Memorandum Circular 2004-030 dated September 30, 2004.
- Operators in these areas need not comply with the unit substitution requirement.
Continuity of Operations
- Authorized operators in CAR and Baguio City may continue to operate their existing units.
- Operations must be conducted under valid and subsisting franchises.
Supersession and Effectivity
- This Memorandum Circular (LC 2006-001) supersedes any prior issuance inconsistent with its provisions.
- The Circular takes effect immediately as of January 6, 2006.
Legal Authority and Adoption
- Issued and adopted by the Land Transportation Franchising and Regulatory Board (LTFRB).
- Signed by Chairperson Ma. Elena H. Bautista and Board Members Gerardo A. Pinili and Ma. Ellen Dirige-Cabatu.