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The spokesman said that during this period, the Special Surrender Scheme would replace the normal 1996 Surrender Scheme for the specified categories.
"Quotas in the specified categories surrendered under the normal 1996 Surrender Scheme between June 17 and November 4 will be deemed to have been surrendered under this Special Surrender Scheme and will be subject to the special terms of surrender," he added.
The spokesman reminded traders that companies which had from today to November 11 submitted applications for free quotas under Phase II of the 1996 Free Quotas Export Authorisation Scheme III would not be allowed to surrender their own quota holdings in the same category under the Special Surrender Scheme.
On the other hand, the spokesman continued, traders who had applied for surrender of quotas under this scheme would not be allowed to apply for free quotas in the same category under the above-mentioned free quota scheme.
Companies which have surrendered quotas under the Special Surrender Scheme may nonetheless apply for free quotas under the 1996 Year-End Special Shipment Scheme (YESSS) to be operated in December. However, they will not be entitled to any allocation in 1997 against their free quota performance under the YESSS in the category in which they have surrendered quotas.
Interested companies should complete an application form obtainable from the Trade Department and return it by hand to Counters Nos 23 and 24 of the Trade Department's USA Textiles Licensing Office on B1 floor, Trade Department Tower, 700 Nathan Road, Kowloon at or before 12.30 pm on November 16.
Late applications will not be accepted. Applications once submitted cannot be withdrawn. Applicants will be informed in writing on or before November 23 whether their applications for surrender of quotas have been approved.
For further enquiries, the following officers should be contacted:
Mr W L Shum 2398 5419) Group II Cotton Garment
Ms Y K To
2398 5420) Quota Categories
Miss CT Ho 2398 5421) Group II Man-made Fibre Garment
Quota Categories
End
Mr K C Yu
2398 5422) Group II Wool and Man-made
Fibre Garment Quota Categories
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