If traditional jeepneys join a cooperative or corporation, their provisional authority will be extended until December 31, 2023.
MANILA, Philippines – Individual operators of traditional jeepneys will be allowed to ply their routes until June 30, after which they must join a cooperative or a corporation.
“Individual operators may continue to operate by virtue of a PA, which is automatically extended until 30 June 2023 under this Memorandum Circular,” the Land Transportation Franchising and Regulatory Board said in aThe provisional authority of individual operators of traditional jeepneys expires on June 30. After that date, only individual operators who are part of a “consolidated entity” – either a cooperative or corporation – will have their PA extended until December 31, 2023.
Individual operators plying routes where no consolidated entity exists yet have until June 30 to form a juridical entity and have it accredited with the Office of the Transport Cooperative or registered with the Securities and Exchange Commission not later than August 31. The formed juridical entity must then file an application for franchise consolidation not later than October 31.
The provisional authority of individual traditional jeepneys in Metro Manila was originally set to expire in April. The LTFRB said in an earlier press release that they would be extending the PA of traditional jeepneys “for the fourth and last time.” So far, only 60% of total targeted units have gone through the Public Utility Vehicle Modernization Program, according to LTFRB chairman Teofilo Guadiz III.
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