Change in Filing Period for Extension of Validity
- The previous policy under Memorandum Circular 2009-006 required applications for extension to be filed six (6) months prior to CPC expiration.
- The new policy mandates that all grantees of CPCs intending to continue their services must file their application for extension at least one (1) year before the CPC's expiration date.
Rationale for the Policy Amendment
- The earlier filing requirement aims to prevent delays and inconvenience in the registration processes for-for-hire vehicles.
- This change ensures greater efficiency and avoids lapses in the validity of CPCs, thereby maintaining uninterrupted service.
Supersession of Prior Issuances
- All previous issuances or circulars inconsistent with this new policy are hereby superseded and amended accordingly.
Effectivity and Compliance Requirements
- This Memorandum Circular takes effect fifteen (15) days after its publication in a newspaper of general circulation.
- In compliance with Presidential Memorandum Circular No. 11 dated October 9, 1992, three (3) copies of this circular shall be filed with the UP Law Center.
Administrative Authority and Adoption
- The circular was adopted and signed by the LTFRB Chairman Alberto H. Suansing and Board Members Gerardo A. Pinili and Maria Ellen Dirige-Cabatu on March 4, 2010.
- It reflects the LTFRB's regulatory authority over public utility vehicle operations in the Philippines, specifically concerning the governance of CPC validity extensions.