NFA Resolution No. 34-93 (1993)
CONFIRMATION OF LETTER-CIRCULAR ON THE PROHIBITED ACTS IN THE DISTRIBUTION AND SALE OF RICE AND CORN
(NAR) VOL. IV NO. 4 / OCTOBER - DECEMBER 1993
[ NFA RESOLUTION NO. 34-93, July 20, 1993 ]
CONFIRMATION OF LETTER-CIRCULAR ON THE PROHIBITED ACTS IN THE DISTRIBUTION AND SALE OF RICE AND CORN
WHEREAS, pursuant to Presidential Decree No. 4, as amended, the NFA is empowered to promulgate rules and regulations to effectively enforce its regulatory powers and instill discipline in the grains industry.
WHEREAS, there is a need to protect the people from unscrupulous grains businessmen who manipulate the supply and prices of rice and corn to the detriment of the buying public. NOW, for and in consideration of the foregoing premises, the Council hereby confirms the letter-circular on the Prohibited Acts in the Distribution and Sale of Rice and Corn issued by Administrator Romeo G. David on July 1, 1993. Adopted: 20 July 1993
(Sgd.) ROBERTO S. SEBASTIAN Chairman Department of Agriculture
(Sgd.) ROMEO G. DAVID (Sgd.) ROBERTO F. DE OCAMPO National Food Authority Development Bank of the Phils.
(Sgd.) JESLI A. LAPUS (Sgd.) MANUEL V. SOLIVEN Land Bank of the Phils. Philippine National Bank
(Sgd.) JUANITA D. AMATONG (Sgd.) IMELDA J. MADARANG Department of Finance Department of Trade & Industry
(Sgd.) FELICIANO MIRANDA (Sgd.) ANGEL SALDIVAR Bangko Sentral ng Pilipinas Office of the President