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Amending Republic Act No. 4136, as Amended, Otherwise Known as the Land Transportation and Traffic Code by Increasing the Annual Registration Fee on Private Automobiles and Imposing an Ad Valorem Tax Thereon, and for Other Purposes Amends RA 4136 by increasing registration fees and imposing excise tax. [26] PD 896 February 26, 1976
However, the Motor Vehicle Office was abolished in 1964 by Republic Act No. 4136 or the Land Transportation and Traffic Code. The Land Transportation and Traffic Code was an act that compiled all the laws relative to transportation and traffic rules, to create a land transportation commission and for other purposes. [ 6 ]
As of 2024, RA 4136 is listed as current by the Land Transportation Office. [3] Speed limits covered in the act apply to motor vehicles when mainly traversing national roads, but lower speed limits may be specified on provincial and local roads in the interest of road safety and design speed, but not exceeding that of RA 4136. [4]
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At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
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