XN000022-1988-01-30 — Page 4

SATURDAY, JANUARY 30, 1988

IT ALSO CONSIDERS DISTRIBUTION OF RICE AS MAY BE REFERRED TRADE AND MAKES RECOMMENDATIONS ACCORDINGLY,

SUCH

CONCERNING MATTERS

TO IT

THE IMPORT AND

BY

THE

DIRECTOR OF

THE COMMITTEE CONSISTS VIEWS ON THE SUBJECT.

OF

GROUPS DIFFERENT

TO

GIVE VARIED

INCLUDE

THE DIRECTOR OF AT PRESENT, MEMBERS

TRADE CONTROLS ASSISTANT DIRECTOR OF TRADE, A PRINCIPAL THE CUSTOMS AND EXCISE DEPARTMENT, RICE IMPORTERS, RICE RETAILERS, AS WELL AS REPRESENTATIVES FROM THE LARGE RETAIL CHAINS, NON-RICE TRADERS AND PROFESSIONALS.

TRADE, AN OFFICER OF

RICE WHOLESALERS, CONSUMER SECTOR,

MRS LAU SAID THAT IN 1973-74, THERE WAS INTERNATIONAL IN THE RICE SUPPLY, AND FOR A TIME THAILAND (A MAJOR SUPPLIER) RICE EXPORTS.

IMPORTERS WERE NOT ALWAYS ABLE TO SECURE ENOUGH RICE WHOLESALERS AND RETAILERS ALSO HAD DIFFICULTIES IN OBTAINING FROM IMPORTERS.

TRADE.

SHORTAGE BANNED

AND SOME SUPPLIES

PRICES INCREASED AND THERE WAS EVIDENCE OF PROFITEERING BY

"THERE WAS A NEED TO OVERSEE THE RICE TRADE THE PROPER IMPLEMENTATION OF THE RICE CONTROL SCHEME CONSUMERS' INTEREST WAS PROTECTED," MRS LAU SAID,

THE

AND TO SUPERVISE TO ENSURE THAT

SHE ADDED THAT IT WAS AGAINST THIS ADVISORY COMMITTEE WAS SET UP.

THE NUMBER OF

THE THAT BACKGROUND

RICE

AT

38

REMAINED STOCKHOLDERS RICE REGISTERED UNTIL 1976 WHEN SEVEN ADDITIONAL RICE STOCKHOLDERS WERE REGISTERED.

EIGHTEEN UNITS WERE ALLOCATED BY ADDITIONAL RICE STOCKHOLDERS, AT NINE UNITS EACH.

THURSDAY

BALLOT ON

TO TWO

TRADE DEPARTMENT SYSTEM IN 1976 THE CLOSURE

OF

THE OF THESE, SIX WERE UNALLOCATED UNITS OF RESULTING FROM THE RESHUFFLE OF THE QUOTA ALLOCATION TRADE DEPARTMENT UPON AND 12 WERE RETURNED TO THE BUSINESS OF ONE FORMER RICE STOCKHOLDER IN 1986.

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