[ LTFRB MEMORANDUM CIRCULAR NO. 99-023, December 08, 1999 ]

AMENDMENT TO MEMORANDUM CIRCULAR NO. 92-001 (ISSUANCE OF PROVISIONAL AUTHORITY)



After a series of consultations and upon recommendation of the Regional Directors of this Board, Memorandum Circular No. 92-001 dated January 30, 1992 is hereby amended with respect to the No. 4 condition thereof regarding the period of validity of the Provisional Authority to be issued by the Board, which from two (2) months to three (3) months, or until the Certificate of Public Convenience has been issued whichever is shorter.

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

Adopted: 8 Dec. 1999

(SGD.) DANTE M. LANTIN
Chairman

(SGD.) VIGOR D. MENDOZA II
Board Member

(SGD.) REMEDIOS G. BELLEZA
Board Member