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duties and responsibilities of public transport operators

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LAND TRANSPORTATION FRANCHISING AND REGULATORY BOARD<br />

GENERAL REQUISITES<br />

FOR ISSUANCE OF A CPC:<br />

1. FILIPINO CITIZEN OR IN CASE OF A JURIDICAL<br />

PERSON AT LEAST 60% STOCK OR PAID-UP<br />

CAPITAL BELONG ENTIRELY TO A FILIPINO<br />

CITIZENS.<br />

2. APPLICANT MUST BE FINANCIALLY<br />

CAPABLE.<br />

3. PUBLIC INTEREST OR PUBLIC<br />

NEED.(pursuant to Sec. 16(a) Chap 11,<br />

CA 146)<br />

8

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