[ SRA SUGAR ORDER NO.5, S. 2004-2005, April 05, 2005 ]
REVISED SUGAR POLICY ON THE CLASSIFICATION AND PERCENTAGE ALLOCATION FOR CY 2004-2005
WHEREAS, Sugar Order No.4, series of 2004-2005 has classified and allocated twenty percent (20%) of the weekly sugar production as "C" or Reserve Sugar;
WHEREAS, there is an observed drop in the weekly production of sugar at this time of CY 2004-2005;
WHEREAS, as a result of the aforesaid drop in production, there is no more need to continue with the allocation of "C" or Reserve Sugar of CY 2004-2005 sugar production;
NOW, THEREFORE, under and by virtue of the powers vested in the Sugar Regulatory Administration, it is hereby ordered that:
SECTION 1. The percentage allocation for the different classes of sugar under Section 1-b of Sugar Order No.4-B, Series 2004-2005, is hereby revised.
All sugar production for the Crop Year 2004-2005 beginning week ending 10 April 2005 shall be issued weekly quedan-permits by mill companies in the following classification and percentage:
"A" or U.S. Quota sugar 4.00% "B" or Domestic sugar 96.00% TOTAL100.00%
SECTION 2. This Sugar Order shall take effect immediately.
SECTION 3. Provisions of Sugar Orders, Circular Letters, rules and regulations contrary to or inconsistent with this Order are hereby amended, revoked or modified accordingly.
Adopted: 05 April 2005
By Authority of the Sugar Board:
(SGD.) JAMES C. LEDESMA
Administrator