[ SRA CIRCULAR LETTER NO. 12, December 18, 1997 ]

RECLASSIFICATION OF "B-1" OR FOOD PROCESSORS'/EXPORTERS' SUGAR INTO "B" OR DOMESTIC SUGAR



Pursuant to Sugar Order No. 1-C, Series of 1996-97, all outstanding and matured "B-1" or Food Processors'/Exporters' sugar quedan-permits of the previous crop year 1996-97 in the possession of the sugar producers, are hereby reclassified as "B" or Domestic sugar.

Holders of said "B-1" quedan-permits are now authorized to withdraw the corresponding sugar, in which case, all concerned sugar mills and SRA Sugar Production and Control Regulation Officers are hereby directed to allow the withdrawal of the"B-1" sugar as "B" or Domestic sugar upon surrender of the corresponding "B-1" quedan-permits and stamped at the back thereof as "RECLASSIFIED AS "B" OR DOMESTIC SUGAR PER CIRCULAR LETTER NO. 12, DATED 18 DECEMBER 1997", by the said mills.

This Circular Letter shall take effect immediately.

Adopted: 18 Dec. 1997


(SGD.) MICHAEL K. SUAREZ
Administrator