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Sunday, September 29, 2024

LTO extends 200cc bike listup to 3 years

The Land Transportation Office (LTO) has said the registration of all brand-new motorcycles, even those with engine displacement below 200cc, will now have a validity of three years in order to speed up public transactions with the agency.

Per Memorandum Circular JMT-2023-2395 issued by LTO Chief Jay Art Tugade, the initial registration of brand-new motorcycles even those with an engine displacement of 200cc and below shall be valid for three years.

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Under existing provisions of Republic Act 4136 (Land Traffic Code) and Republic Act 11032 (Ease of Doing Business and Efficient Government Service Delivery Act of 2018), only motorcycles with an engine displacement of 201cc and above are entitled to a three-year validity of initial registration.

Tugade said the new LTO memorandum circular is among the new measures designed to speed up processes and ease the public’s transactions with the agency.

“It is understood that the MVUC to be collected during the initial registration shall likewise be adjusted to cover the corresponding registration validity period,” Tugade’s Memorandum also stated Sunday.

Based on the LTO data, an estimated two million new motorcycles with displacements 200cc and below are set to be registered this year.

These will be the principal beneficiaries of the new policy.

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