Adjustment of Minimum Kilometer Benchmark for Jeepney Fares
- After consultation with jeepney transport organizations and review of the existing fare structure, the minimum kilometer benchmark is adjusted from five (5) kilometers to four (4) kilometers.
- The change reflects an LTFRB decision aimed at revising fare computations for jeepney services nationwide.
Revised Minimum Fare Rate for Jeepney Services
- The minimum fare is set at Four Pesos (Php 4.00) based on the first four (4) kilometers traveled.
- This replaces the previous structure where the minimum fare covered the first five (5) kilometers.
Legal Effect and Supersession of Previous Issuances
- This Memorandum Circular modifies or supersedes any prior decisions or issuances inconsistent with its provisions.
- It is an authoritative directive ensuring consistent application of the new fare rate standard nationwide.
Immediate Effectivity
- The Circular took effect immediately upon issuance on March 31, 2004.
- Enforcement is mandatory and instant to address fare rate regulation promptly.