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(NAR) VOL. 16 NO. 2 / APRIL - JUNE 2005

[ 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-EndingVolumeEffective Date of
Date of Production(MT)Reclassification
   
December 266.172May 16, 2005
January 2 & 913,631May 23, 2005
January 16 & 2317,161May 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be surrendered to the issuing mill companies when its corresponding "C" sugar (reclassified into "B" sugar) shall be withdrawn therefrom and stamped "RECLASSIFIED AS "B" OR DOMESTIC SUGAR PURSUANT TO S.O. NO.4-A, SERIES OF 2004-2005" by the SPROs assigned thereat.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

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