Question & AnswerQ&A (EXECUTIVE ORDER NO. 15)
The government promotes the production, processing, and consumption of cassava flour as a matter of national economic interest.
It implements Republic Act No. 657, known as the Cassava Flour Law.
Wheat flour importers must buy cassava flour in proportions prescribed by PRISCO, not exceeding 30% of the wheat flour by weight, and must sell cassava flour and wheat flour in the same proportions.
The Price Stabilization Corporation (PRISCO) is authorized to prescribe the proportion.
The importer must secure a certification from PRISCO that they have purchased or contracted to purchase the required amount of cassava flour.
No, wheat flour importers must require purchasers to buy cassava flour in the prescribed proportion alongside wheat flour.
PRISCO can collect a service fee of 0.5% of the face value of cassava flour certified, used to defray expenses of certification, regulation, supervision, and industry development.
The importer shall be subject to the penalties provided under Republic Act No. 657.
No, PRISCO holds the list as confidential information and it shall not be released to the public or individual importers.
They are repealed or modified accordingly.