[ SRA SUGAR ORDER NO. 5, S. OF 2007-2008, October 22, 2007 ]

REINSTATEMENT OF œA  ˜HOMELESS ™ SUGAR OF CROP YEAR 2006-2007 INTO œA  OR U.S. QUOTA SUGAR



WHEREAS, the allocation for the whole U.S. quota of 167,174 MTCW for Quota Year 2006-007 had already been filled up;

WHEREAS, various sugar producers/traders had made an appeal with the SRA for reconsideration for verification of their œA  export sugar classified as œhomeless  sugar pursuant to Sugar Order (S.O.) No. 7, and Circular Letter No. 28, Series of 2006-2007, wherein said verification is to reinstate the subject œA  ˜homeless ™ sugar (for failure of their owners to have the covering œA  quedans verified for export during the specified schedule per said S.O.) into œA  or U.S. Quota sugar;

WHEREAS, the SRA is mandated by E.O. 18, Series of 1986, to protect the interest of the sugar industry in general and sugar producers in particular, without compromising our export commitment to the U.S. in terms of quality of the œA  sugar and its shipment schedule;

WHEREAS, Sugar Order No. 11, Series of 2006-2007 dated 23 May 2007 has already reinstated quedans which became homeless pursuant to Sugar Order No. 7, Series of 2006-2007;

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

SECTION 1. The œA  sugar quedans which were declared as œA  ˜homeless ™ sugar pursuant to Circular Letter No. 28, Series of 2006-2007 are hereby reinstated as œA  or U.S. Quota sugar.

SECTION 2. The œA  quedans covering the œA  ˜homeless ™ sugar shall be subject for verification prior to its reinstatement as œA  or U.S. Quota sugar.

SECTION 3. The application for verification of the subject œA  quedans shall be filed with the SRA, Quezon City attached thereto the œA  quedans and the corresponding list by mill/by quedan number.

SECTION 4.  A reinstatement fee of PHP10.00 per Lkg-bag shall be paid upon filing of the application for verification with the SRA.

SECTION 5. All œA  quedans subject of verification shall be stamped at the back thereof as œReinstated  œA  ˜homeless ™ sugar into œA  or U.S. Quota sugar per S.O. No. 5, Series of 2007-2008 .

SECTION 6. Deadline for verification of œA  quedans. Deadline for verification of œA  quedans covered by this Sugar Order is on January 9, 2008. Thereafter, unverified quedans shall remain expired (homeless).

SECTION 7. Effectivity. This Order shall take effect immediately.

SECTION 8. Consistency. Provisions of Sugar Orders, Circular Letters, and/or other rules and regulations contrary to or inconsistent with this Sugar order, are hereby amended, modified or revoked accordingly.

Adopted: 22 Oct. 2007

BY AUTHORITY OF THE SUGAR BOARD:

(SGD.) RAFAEL L. COSCOLLUELA
Administrator