Law Summary
Submission of Certified Copies of Registration Certificates
- After registering the units, certified copies of the certificates of registration must be submitted to the Management Information Division of the LTFRB within 15 days from the date of registration.
- Each certified copy must be accompanied by a stencil of the unit's chassis and motor numbers.
- A transmittal or covering letter must be included, indicating the date of registration, make, motor, and chassis numbers of the unit.
Application to Substitution Orders
- The requirement to submit certified copies of registration certificates also applies to units authorized under substitution orders, which are meant to replace units that have been dropped from service.
Purpose of Submission of Registration Certificates
- This process enables the LTFRB to monitor compliance by grantees of certificates of public convenience, ensuring units are timely registered within 30 days from receipt of decisions/orders.
- It provides necessary data for the Board to effectively supervise and regulate the land transportation industry.
Penalty for Non-Compliance
- Failure to submit the certified copies within the prescribed time will result in suspension of the authority to operate granted under the certificates of public convenience.
- Suspension remains until full compliance with the submission requirement is achieved.
Effectivity of the Memorandum Circular
- The provisions stated in this Memorandum Circular took effect immediately upon issuance on April 17, 1990.
Approval and Signatories
- Adopted and signed by Remedios A. Salazar-Fernando, Chairman; Dante M. Lantin, Board Member; and Nicolas B. Acacio, Jr., Assistant Secretary and Acting Board Member.