[ SRA CIRCULAR LETTER NO. 38, S. 2004-2005, May 17, 2005 ]
RECLASSIFICATION OF CY 2004-2005 "C" OR RESERVE SUGAR INTO "B" OR DOMESTIC SUGAR
Pursuant to Sugar Order no.4-A & 4-B, Series of 2004-2005, the schedule of reclassification of "C" or Reserve sugar into "B" or Domestic sugar is prescribed hereunder:
Week-Ending Volume Effective Date of Date of Production (MT) Reclassification December 26 6.172 May 16, 2005 January 2 & 9 13,631 May 23, 2005 January 16 & 23 17,161 May 30, 2005
The "C" quedan-permits subject of reclassification shall be surrendered to the issuing mill companies when its corresponding "C" sugar (reclassified into "B" sugar) shall be withdrawn therefrom and stamped "RECLASSIFIED AS "B" OR DOMESTIC SUGAR PURSUANT TO S.O. NO.4-A, SERIES OF 2004-2005" by the SPROs assigned thereat.
Furthermore, paragraph I of Circular Letter No.37, Series of 2004-2005 which reads, " . "C" world sugar into "B" domestic sugar " is hereby corrected as "C" or Reserve sugar into "B" or Domestic sugar due to typographical error.
This Circular Letter shall take effect immediately.
Adopted: 17 May 2005
(SGD.) JAMES C. LEDESMA
Administrator