SUPPORTING DOCUMENTS ON TRANSFER AND SWAP
National Administrative Register January 26, 1989 [ GTEB CIRCULAR NO. 010, July 31, 1989 ]
Under GTEB Circular No. 002 dated 26 January 1989 , of the
Supervised Transfer Scheme, Item No. 3 states “that the transferred
quantity must be supported by the Confirmed POs or LCs within 30 days
from the date the transfer is effected, otherwise, quantity shall be
returned to the basket.”
Supervised Transfer Scheme, Item No. 3 states “that the transferred
quantity must be supported by the Confirmed POs or LCs within 30 days
from the date the transfer is effected, otherwise, quantity shall be
returned to the basket.”
Inasmuch as these are EQ awards, the submission of the above
requirement shall be waived. Similarly, under the Quota Swap Scheme, the
requirement to support LC within 30 days from the date of Swap shall
likewise be waived. However, all other conditions in the afore cited
circulars remain unchanged.
This covers all approved 1989 Transfer/Swap Certificates.
Please be guided accordingly.
Adopted: 31 July 1989
By Authority of the Board
(SGD.) THELMA K. JOVER
Deputy Director
Effective: 14 September 1989