REFINING OF “D” WORLD MARKET SUGAR

WHEREAS, in order to place our sugar industry at an advantageous
position to supply the world market demand from a ready supply of
refined sugar, it will be necessary to create a reserve of said refined
sugar;

WHEREAS, such a reserve of refined sugar for the world market will
expand our markets and enhance the economic viability of our sugar
industry;

NOW, THEREFORE, by virtue of the powers vested in the Sugar Regulatory Administration (SRA), it is hereby ordered that:

SECTION 1.       The refining of “D” World Market sugar shall be allowed subject to the following conditions:

1.            That quedan-permits covering “D” World Market sugar
must be submitted to the SRA for clearance and surcharging for
withdrawal from the mill warehouse where the sugar is deposited/stored.
The refinery or refineries where sugar will be refined shall also be
indicated. Said quedan-permits must be arranged chronologically by week
ending (as to production) for each mill district;

2.            That listings of aforesaid quedan-permits, for each
mill district, indicating serial numbers and corresponding quantities,
in piculs, also arranged chronologically and by week ending as in (1)
above, be also submitted to the SRA;

3.            That the surcharged quedan-permits be surrendered
to the mill companies concerned for which the refinery will sign receipt
of said sugar;

4.            That upon refining said sugar, the refinery shall
issue refined sugar quedan-permits in the name of the toller, attested
to by the SRA Mill District Regulation Officer (MDRO) who may be
assigned thereat;

5.            That the refined “D” sugar for export shall be
withdrawn only upon clearance for shipment to the world market and/or
written authority from this Office;

6.            That the refinery prepare and accomplish SRA-SMS
Form No. 716, REFINERY RECEIPTS & PRODUCTION OF REFINED “D” SUGAR,
format copy attached herewith, for submission to: Production Control and
Regulation Office, Sugar Regulatory Administration, North Avenue,
Diliman, Quezon City, Metro Manila.

SECTION 2.       Exportation of “D” World Market refined
sugar may now be effected by the sugar exporters in accordance with the
form attached herewith.

This Sugar Order shall take effect immediately.

Adopted: 28 Nov. 1989

(SGD.) ARSENIO B. YULO, JR.
Chairman/Administrator

Effective: 28 November 1989