PHYSICAL SUGAR STOCK AND QUEDAN INVENTORY
Pursuant to the policy of the
Sugar Regulatory Administration (SRA) to undertake periodic assessments
of the 2001-2002 sugar production and withdrawals, the inventory of
sugar stocks and quedan permits of 2001-2002
/ previous crop years, for the purpose of verifying the physical sugar
stored at the mill/refinery warehouses and reconciling the same with the
quedans that are still outstanding, is
hereby ordered to be conducted in all operating sugar mills/refineries
on May 2-10, 2002 (schedule of inventory hereto attached) and in
accordance with the following:
1. An Inventory Team (IT) for each sugar mill/refinery company is hereby created.
For sugar mills, each IT
shall be composed of the authorized representative each of the mill
company, planter’s associations/cooperatives/federation and the
authorized SRA representative as team leader. For
sugar refineries, each IT shall be composed of the authorized
representative of the sugar refinery and the authorized SRA
representative as team leader.The SRA representative as
team leader shall see to it that each party mentioned herein is properly
represented during the duration of the inventory.2. There
shall be no withdrawal of raw and/or refined sugar in all mill/refinery
warehouses during the entire duration of the physical sugar stock
inventory, which should be conducted simultaneously.3. The results of the physical sugar stock inventory and the sugar quedan
inventory (to be reflected in the attached SRA Forms and duly
accomplished and certified by the concerned mill/refinery companies)
must be submitted by the SRA Regulation Officers assigned at the
mills/refineries, respectively, to the Production Control and Regulation
Office (PCRO), SRA, Quezon City within seven (7) calendar years from
start of the physical sugar stock inventory.
Strict compliance of all concerned is hereby enjoined.
Adopted: 26 Apr. 2002
(SGD.) JAMES C. LEDESMA
Administrator