Professional Documents
Culture Documents
Section 1. Title
These Implementing Rules and Regulations (IRR) shall be known and cited as the
"Implementing Rules and Regulations for the Rolling Stalls within the Capitol
Compound of the Provincial Government of Nueva Vizcaya."
Section 2. Purpose
These IRR are promulgated to establish clear and comprehensive guidelines
governing the allocation, operation, and management of capitol rolling stalls within
the Capitol Compound, with the overarching objectives of fostering a dynamic and
safe business environment, ensuring environmental sustainability, and promoting
orderly administration.
Section 3. Eligibility
1. Any duly registered business entity or individual holding a valid business
permit issued by the relevant local government agency is eligible to apply for
a capitol rolling stall within the Capitol Compound.
2. Applicants shall demonstrate adherence to existing rules and regulations
relating to the Rules and Regulations for the Rolling Stalls within the Capitol
Compound.
3. Proposed business activities must be compatible with the character and
purpose of the Capitol Compound.
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- A simple business plan: This plan outlines the proposed business model,
marketing strategies, and financial projections. It provides a clear
understanding of the business's goals and operations.
- Financial capability documentation (as deemed necessary): This
documentation establishes the applicant's financial capacity to fulfill the
lease requirements. It may include bank statements, income statements,
and other relevant financial records.
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1. The initial lease term for a capitol rolling stall shall be at six months, subject to
renewal upon mutual agreement between the lessee and the capitol rolling
management.
2. Lessees seeking renewal shall submit an application within three months prior
to the expiration of the current lease term.
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2. If mediation fails, the dispute shall be resolved through arbitration in
accordance with applicable laws and regulations.
These Implementing Rules and Regulations are hereby approved on this _______
day of __________, 20.
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