(NAR) VOL. 14 NOS. 1-2 / JANUARY - MARCH 2003
"24. Revenue Ton or Tonnage shall mean one (1) cubic meter or one (1) metric ton (1,000 kilograms), whichever yields the greater amount of revenue."
This definition, consistent with the System Internationale, shall apply to all previously issued documentation in respect to the Terms and Conditions of Cargo Handling Tariffs and Contracts and further amends all other PPA issuances insofar as the definition of Revenue Ton or Tonnage is concerned.
For guidance and compliance.
Adopted: 07 Feb. 2003
(SGD.) ALFONSO G. CUSI
General Manager