Bautista said the LTFRB Central Office in Quezon City reported a cancellation of franchises of 3,074 in Metro Manila and 43 others in others in the provinces.
Bautista said the LTFRB cancelled the franchises due to non-compliance with the agency’s requirements.
Among the requirements for "vehicles for hire" are confirmation of a franchise from the LTFRB with copy of the decision/order; original copy of the sales invoice of the motor vehicle; clearance from the Philippine National Police-Traffic Management Group; appropriate Insurance certificate of cover; Motor Vehicle Inspection Report; copy of the Dealer’s Report duly authenticated by the Assistant Secretary with Official Receipt (OR); and the Taxpayer’s Identification Number (TIN). — Sandy Araneta