Tuesday, September 23, 2014
TRANSPORT CO-OPS GET 3-YEAR, CDA REPRIEVE
Good news to Transport Cooperatives !!
Existing transport service cooperatives will have until February 07, 2018 to comply with the minimum number of cooperatively-owned units/vehicles.
The deadline, first set under CDA Memorandum Circular No. 2013-12 (not 2013-13, as inadvertently mentioned in CDA Memorandum Circular No. 2014-04, dated August 16, 2014), had been extended by 3 more years, under the latter Circular.
The required minimum units were: Land- 1) Tricycle; Jeepney; Taxi; AUV/FX/Van- 5 units each; and Mini Bus/Bus, Trucks for Hire - 2 each.
For Water- 1) Ship; Ferry Boat; and Motorized Banca, one each.