Sugar Act, 1978 (Act No. 9 of 1978)

Sugar Industry Agreement, 2000

Chapter 6 : Determination and Distribution of Proceeds and Cane Prices

170. Price for Recoverable Value of Cane

Purchase cart Previous page Return to chapter overview Next page

 

In each year, the price per ton of recoverable value payable by mills to growers for cane deliveries shall be equal to the recoverable value of such cane calculated by dividing the total proceeds determined as payable by mills to growers in accordance with the provisions of clause 169 by the total tonnage of the recoverable value of cane delivered during the year concerned.