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(NAR) VOL. 6 NO. 1 / JANUARY - MARCH 1995

[ SRA CIRCULAR LETTER NO. 11, November 29, 1994 ]

ADDENDUM TO CIRCULAR LETTER NO. 8, SERIES 1991-1992, RE COLLECTION OF SRA LIENS AND FEES.



Pursuant to Circular Letter No. 8, Series of 1991-1992, implementing Sugar Order No. 2, Series of 1991-1992 Re Collection of SRA Liens and Fees, Guideline No. 1 of the aforesaid Circular Letter is hereby re-stated and promulgated (to include collection of a Milling Permit fee) as:

The Philippine National Bank, a government commercial banking corporation organized and existing under the laws of the Philippines, has been authorized by the SRA to act as the collecting agent of the following Liens and Fees imposed on sugar quedans issued by sugar mills:

a. Stabilization Fee — P1.00/picul or P0.79/LKg
b. Special Milling Fee — P0.10/picul or P0.079/LKg
c. Milling Permit Fee — P0.25/LKg

Other guidelines provided for by the aforementioned Circular Letter shall remain in full force and effect.

For strict compliance.

Adopted: 29 Nov. 1994

(SGD.) RODOLFO A. GAMBOA
Administrator

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