Purpose and Policy Rationale
- Designed to facilitate thorough documentation and implementation of the Route Rationalization Program.
- Aims to ensure accuracy, integrity, and consistency in data recording by the Land Transportation Franchising and Regulatory Board (LTFRB).
Procedural Directives
- The moratorium takes effect fifteen (15) days after its publication in the Official Gazette, a newspaper of general circulation, or upon filing three copies with the UP Law Center.
- The moratorium remains in force until the Board issues further orders.
Supersedure of Inconsistent Issuances
- This Memorandum Circular expressly overrides and supersedes any prior issuances that conflict with its directives.
Legal Authority and Formal Adoption
- Issued and signed by the Chairperson and Board Members of the LTFRB on 17 November 2003.
- Complies with procedural requirements under Presidential Memorandum Circular No. 11, dated 9 October 1992, concerning publication and filing for effectivity.
Important Legal Concepts
- Certificate of Public Convenience (CPC): A legal authorization required to operate certain public transport services.
- Route Rationalization Program: A regulatory strategy aimed at optimizing public transportation routes and services.
- Moratorium: A temporary suspension of regulatory approvals or activities to enable review and reorganization.