23/10/2024
BREAKING NEWS
๐๐ง๐ข ๐๐๐๐ฝ๐ฒ๐ป๐ฑ๐ ๐ถ๐บ๐ฝ๐น๐ฒ๐บ๐ฒ๐ป๐๐ฎ๐๐ถ๐ผ๐ป ๐ผ๐ณ ๐ป๐ฒ๐ g๐๐ถ๐ฑ๐ฒ๐น๐ถ๐ป๐ฒ๐ ๐ผ๐ป ๐ฉ๐ฒ๐ต๐ถ๐ฐ๐น๐ฒ ๐ข๐๐ป๐ฒ๐ฟ๐๐ต๐ถ๐ฝ ๐ง๐ฟ๐ฎ๐ป๐๐ณ๐ฒ๐ฟ
The Land Transportation Office (LTO) has temporarily suspended the implementation of an administrative order (AO No. VDM 2024-046) that requires sellers of used vehicles to report transactions to the LTO within five days. This decision, announced in a memo dated October 23, 2024, by LTO chief Assistant Secretary Vigor Mendoza, aims to clarify provisions, extend the compliance period, and improve information dissemination.
The guidelines, originally released on August 30, 2024, also applied to donations or transfers of motor vehicles, requiring new owners to register the vehicle with the LTO within 20 days of the transaction. Non-compliance would result in an alarm tag on the vehicle. The LTO executive director has been tasked with drafting an amended version of the order, incorporating feedback from stakeholders