The Board issued Memorandum Circular No. 2003-033, dated December 15, 2003, providing therein the Guidelines for Student Fare Discounts. In addition to the provisions thereof, specifically Item II. USE/AVAILMENT, the Board hereby includes as second paragraph of said item, to read as follows:

 

"Students can only avail of the twenty percent (20%) discount during the school year from Mondays to Fridays. Said fare discount cannot be availed of on Saturdays and Sundays, legal and special legal holidays, Christmas and summer breaks. Post-graduate students (those taking up medicine, law, masteral, doctoral degrees and the like) cannot avail of the said fare discount."

All other issuances or parts hereof which are inconsistent herewith, are therefore modified or superseded accordingly.

This Circular shall take effect immediately following the filing of three (3) copies hereof with the UP Law Center, pursuant to Presidential Memorandum Circular No. 11, dated 09 October 1992.

SO ORDERED.

Adopted: 09 May 2005

(SGD.) MARIA ELENA H. BAUTISTA
Chairperson

(SGD.) FELIX S. RACADIO
Board Member

(SGD.) GERARDO A. PINILI
Board Member