Pursuant to the authority vested in the Department under Executive Order No. 120, dated 30 January 1987, on the regulation of the business of travel agencies, and in order not to disrupt the operation of existing travel agencies with foreign nationals as managers or officers, relative to the implementation of Section 24(a), Chapter V of the 1989 Rules and Regulations Governing the Business of Travel Agencies which provides that a travel agency manager or officer be a resident Filipino citizen, the following guidelines are hereby prescribed:

1.       Only new applications as a travel agency manager or officer and/or applications for renewal thereof effective July 1989 and thereafter shall be governed by Section 24(a), Chapter V of the 1989 Travel Agency Code.

2.       Accordingly, all licenses issued before July 1989 shall continue to be valid until the expiration thereof even if it is beyond 1989.

3.       Licenses issued in 1988 shall be valid until their expiration in June 1990.

This Order shall take effect immediately.

APPROVED AND PROMULGATED this 11th day of July 1990.

Adopted: 11 July 1990

(SGD.) PETER D. GARRUCHO, JR.
Secretary