For the reasons cited in Memo Circular No. 97 009 reimposing a moratorium on the acceptance, processing and resolution of all applications, including those pending for CPC's for the operation of buses in Metro Manila and on provincial routes whether entering Metro Manila or terminating outside its periphery, a moratorium is hereby imposed on acceptance of applications for Certificate of Public Convenience to operate taxi, garage and rent-a-car services within Metro Manila or touching any point within the metropolis.

Likewise, until further instructions from the DOTC, the application for bus routes identified for franchise application in the Memorandum dated February 8, 1997 to the Chairman of this Board unless previously closed, are included in the present moratorium.

This Memorandum Circular shall take effect fifteen (15) days after the filing of three (3) copies hereof with the U.P. Law Center, in accordance with Presidential Memorandum Circular No. 11, dated October 9, 1992.

Adopted: 9 Sept. 1997