In view of the number of incidents reported to the Central Office regarding stolen and fake taxi-meter seals, the Board hereby imposes the following schedule of penalties:

1. P10,000.00 against operators with expired franchises and whose taxi unit(s) is found to have in possession of stolen and fake seals. The penalty shall be collected should the operator file a late motion for Extension of Validity.

2. P2,500.00 against operators with subsisting CPCs whose taxi unit(s) with fake and/ or stolen seals. However, said operators must cooperate with the investigating authority by providing information on the source of fake and/or stolen taxi-meter seals through a sworn statement. Should the operator refuse to cooperate, a P10,000.00 penalty shall be imposed.

This Memorandum Circular supersedes any and all issuances inconsistent herewith, and takes effect immediately.

SO ORDERED.

Adopted: 01 Feb. 2006

                                   

(SGD.) MA. ELENA H. BAUTISTA
Chairperson
(SGD.) GERARDO A. PINILI	(SGD.) MA. ELLEN DIRIGE-CABATU
Board Member	Board Member