MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ Memorandum Order No. 65, June 20, 2002 ]
AUTHORIZING THE DEPARTMENT OF TRANSPORTATION AND COMMUNICATIONS, THROUGH THE LAND TRANSPORTATION OFFICE, TO ISSUE OPTIONAL MOTOR VEHICLE PLATES BEARING PREFERRED INSCRIPTIONS
WHEREAS, the Department of Transportation and Communications (DOTC) is mandated by law to administer and enforce all laws, rules and regulations in the field of transportation and communications;
WHEREAS, there is a need to regulate the issuance of motor vehicle plates bearing preferred inscriptions;
WHEREAS, upon the recommendation of the Land Transportation Office (LTO), the DOTC, through the LTO, may regulate the issuance of optional motor vehicle plates bearing preferred inscriptions through a system of public auction.
NOW, THEREFORE, I, GLORIA MACAPAGAL-ARROYO, President of the Republic of the Philippines, by virtue of the powers vested in me by law, do hereby order:
Section 1. The DOTC, through the LTO, is hereby authorized to issue optional motor vehicle plates bearing preferred inscriptions through a system of public auction.
Section 2. All proceeds received by the LTO in excess of the cost incurred in issuing and processing the optional motor vehicle plates bearing preferred inscriptions shall accrue to the general unappropriated funds of the National Government.
Section 3. Subject to the prior approval of the DOTC, the Department of Finance and the Department of Budget and Management, the LTO shall promulgate the rules and regulations necessary to implement the objectives of this Memorandum Order.1aшphi1
Section 4. All orders and issuances and parts thereof that are inconsistent with the provisions of this Memorandum Order are hereby repealed, amended or modified accordingly.
Section 5. This Memorandum Order shall take effect immediately upon approval.
City of Manila, June 20, 2002.
(Sgd.) GLORIA MACAPAGAL-ARROYO
By the President:
(Sgd.) AVELINO J. CRUZ, JR.
Acting Executive Secretary
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