Committee on Public Services Chairperson Senator Raffy Tulfo is glad that the Land Transportation Office (LTO) heeded his recommendation to suspend implementation of their new guidelines on vehicle ownership transfer or Administrative Order AO-VDM-2024-046.
It can be recalled that during the hearing of Public Services Committee recently, Tulfo questioned the lack of proper information dissemination about the new AO and the exorbitant fee imposed to sellers and buyers who failed to report sales and transfer vehicle registrations within days of the transaction.
Considering the lapses in the AO, the legislator urged LTO to stop implementation of the new administrative and issue a new one with well-defined system, as well as proper information dissemination with national circulation including newspaper, television, radio and social media to avoid confusion among all parties involved and give them enough time to comply to transfer of ownership requirements.
“There is a need to remove penalties for vehicle owners with transactions that happened prior to the release of AO.”
The lawmaker likewise stressed the need to remove penalties for vehicle owners with transactions that happened prior to the release of AO.
Hours after the senator called for the changes in AO, LTO immediately issued the memorandum of suspension with order to LTO Executive Secretary to submit an amended AO.
“This is a step in the right direction but I will continue monitoring the amendments to ensure that they will craft an AO with a well-defined system,” he stressed.
