Law Summary
Purpose and Rationale for the Suspension
- The suspension aims to address the problem of traffic congestion in Baguio City due to the proliferation of public utility vehicles.
- It responds to concerns regarding alleged acts that circumvent an existing moratorium on new franchises, which had contributed to the excessive growth of PUVs in the area.
Scope and Effectivity of the Circular
- The circular takes effect immediately upon issuance on September 24, 1998.
- It remains in force indefinitely until formally revoked or amended by further notice from the Board.
Authority and Adoption
- The issuance of the memorandum circular is an official regulatory action by the LTFRB, headed by its Chairman and Board Members.
- The circular is signed and adopted by the Chairman Dante M. Lantin and Board Members Vigor D. Mendoza II and Samuel Julius B. Garcia, lending full legal authority to the directive.