(NAR) VOL. 16 NO. 3 / JULY - SEPTEMBER 2005

[ SRA CIRCULAR LETTER NO. 52, S. 2004-2005, August 10, 2005 ]

IMPLEMENTATION OF THE COLLECTION OF MONITORING SERVICE FEE OF PHP2.00/LKG-BAG OF RAW SUGAR COVERED BY RAW SUGAR QUEDANS



Pursuant to SRA Memorandum, dated July 25, 2005, which lifts the suspension of the collection of Monitoring Service Fee of PhP2.00/Lkg-Bag of Raw Sugar Covered by Raw Sugar Quedans as provided for in the General Administrative Order No. 1, Series of 2002-2003, it is hereby reiterated that the collection of the aforecited fee of PhP2.00 Lkg-Bag shall take effect on September 01, 2005 (start of CY 2005-2006).

Further, all operating mills of CY 2005-2006 are hereby advised for their corresponding adjustments, that the item "Monitoring Service Fee @ Php2.00/lkg-Bag" shall be pre-printed in all raw sugar quedans, starting CY 2005-2006, to be incorporated as one (1) of the items of SRA LIENS reflected therein, and shall be computed accordingly as part of the total SRA LIENS due the producer that owns the issued Raw Sugar Quedan.

The subject Monitoring Service Fee of Raw Sugar replaces the Monitoring Fee Raw to Refined/Washed of PhP2.00/Lkg-Bag.

For the information and guidance of all concerned.

Adopted: 10 Aug. 2005

(SGD.) JAMES C. LEDESMA
Administrator



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