The Board on 11 January 2000 approved and confirmed the following modification in the Regular EA Allocation System.

1.      Redefinition of Big and Small Firm:

*        Big Firm - Firm with FOB Exports of at least $2M
*        Small Firm - Firm with FOB Exports below $2M

2.      Simplification of Procedures:

*        Separation of the distribution of allocable balance to 60% basket for big firms, and 40% for small firms instead of splitting the sum of the allocable balance into 60%/40% basket after each round of allocation, and
*        Transfer of remaining balance, if any, to the other basket which has not been satisfied.

3.      Creation of Children's Basket

*        Distribution of allocable balance to T and NT Baskets as follows:

Category	T	NT
338/9	30%	70%
347/8	30%	70%
638/9	50%	50%
647/8	50%	50%
3/651	30%	70%
3/642	30%	70%
345	30%	70%
634	30%	70%
3/640	30%	70%
445/6	30%	70%
3/641	30%	70%
336	50%	50%
635	30%	70%
7/8A	30%	70%

4.      Reduction of the 20% cap on Small Baskets to 10%

5.      Extension of the validity of awards

*        Awards under Critical and Semi-Critical categories may be extended only once for a period of three-months.

6.      Allocation Based on Shipment date for Non-Critical Categories:

*        Pro-rata allocation for the similar declared shipment dates in cases where the remaining allocable balance is not sufficient to cover the said application.

7.      Assessment Fees:

*        Assessment fees shall be as follows:

- Critical Categories, except 3/631 and 361:

	T	NT
REA	P20/doz	P30/doz.
CEA	P30/doz	P50/doz.

This takes effect fifteen (15) days from date of publication.

Adopted: 14 Jan. 2000

(SGD.) FELICITAS R. AGONCILLO-REYES
Executive Director