[ SRA SUGAR ORDER NO. 8, s. 1993-94, October 28, 1993 ]

FINAL RELEASE OF 1992-93 œC  AS œB  SUGAR



WHEREAS, there is a need to increase sugar stocks in the domestic market to meet the consumption requirements;

WHEREAS, there is œC  Reserve sugar production from week ending May 09, 1993 to August 31, 1993;

NOW, THEREFORE, under and by virtue of the powers vested in the Sugar Regulatory Administration, it is hereby ordered that:

SECTION 1.       œC  sugar produced from week ending May 09, 1993 to August 31, 1993 are hereby released as œB  Domestic sugar. The corresponding œC  quedans shall be submitted to the mill company concerned and for the mill companies to surcharge the quedans, as follows:

For Withdrawal as œB  sugar per SRA SO No. 8, dated October 28, 1993

SECTION 2.       Sugar covered by this Sugar Order not withdrawn within forty five (45) days from November 5, 1993 will be charged storage fees.

SECTION 3.       This Sugar Order shall take effect November 05, 1993.

SECTION 4.       Provisions of sugar orders, circular letters, rules and regulations inconsistent with or contrary to this Sugar Order or hereby revoked amended or modified accordingly.

Adopted: 28 Oct. 1993

BY AUTHORITY OF THE SUGAR BOARD:


(Sgd.) RODOLFO A. GAMBOA
Administrator