[ NFA ANNOUNCEMENT, April 02, 2004 ]
REGIONAL ALLOCATIONS
Be informed that the first 50% of the regional allocations divided equally among FOS licensed by NFA as importers as of March 15, 2004, are as follows:
Out of the remaining 50% of the regional allocations, 140, 190 MT are open on a first-come-first-served basis to qualified FOS within the region subject to provisions of Memo Circular AO-2K3-12-002 date January 13, 2004.
For both allocations, FOS shall have until April 30, 2004 to open/avail letters of credit and/or other financial instruments, otherwise their allocation shall be forfeited, pooled and be opened/made available on a first-come-first-served basis through the National Pool/Allocation to FOS nationwide.
The total maximum volume of 1,500 MT per FO will continue to be applicable and those who have already availed of the maximum volume are no longer entitled to import for the current year.
For strict compliance.
Adopted: 02 April 2004
(SGD.) ATTY. ARTHUR C. YAP
Administrator
Region Number of Licensed FOS
Allocation Per FO In Metric Ton
NCR 1 728.50 Ilocos Region 46 314.04 Cagayan Valley 4 1,500.00 Central Luzon 37 586.07 Southern Tagalog
12 1.154.75 Bicol Region
3 1,500.00 Western Visayas
2 1,500.00 Central Visayas 0 0 Eastern Visayas 1 1,500.00 Western Mindanao 5 1,302.00 Northern Mindanao 2 1,500.00 Southern Mindanao 17 563.47 Central Mindanao 33 268.20 A R M M 325 20.56
Out of the remaining 50% of the regional allocations, 140, 190 MT are open on a first-come-first-served basis to qualified FOS within the region subject to provisions of Memo Circular AO-2K3-12-002 date January 13, 2004.
For both allocations, FOS shall have until April 30, 2004 to open/avail letters of credit and/or other financial instruments, otherwise their allocation shall be forfeited, pooled and be opened/made available on a first-come-first-served basis through the National Pool/Allocation to FOS nationwide.
The total maximum volume of 1,500 MT per FO will continue to be applicable and those who have already availed of the maximum volume are no longer entitled to import for the current year.
For strict compliance.
Adopted: 02 April 2004
Administrator