Rice

Application to be a registered Rice Stockholder

Flexibility arrangement to revise the undertaking import quantity

Under normal circumstances, each stockholder can apply to revise the undertaking import quantity once every import period. The maximum ceiling for upward adjustment is 10% of the original undertaking import quantity while the maximum downward adjustment is 5% of his original undertaking import quantity. An application should be submitted on or before the 15th of the second month of the import period (i.e. by the middle of the import period) for approval by the Director-General of Trade and Industry ("Director-General"). All applications will be considered together and stockholders will be informed of the results in one go. A stockholder must adhere to the original undertaken import quantity until he has received written approval to revise the quantity from the Director-General.

To maintain the effectiveness of the Scheme, the Director-General will reject applications for revision in the undertaking import quantity if:

1. the applied increase in undertaking import quantity will result in a stockholder's import amount exceeding his stated quantity within the registration period; or
2. the applied decrease in undertaking import quantity will result in a stockholder's import amount that is lower than the quantity already imported.

Furthermore, the Director-General will not consider any request for revision of undertaking import quantity in excess of the allowed flexibility margin mentioned above, or any request to revise the undertaking import quantity more than once within an import period. Should special circumstances arise, the Department may also suspend the operation of the arrangement.

To request for revising the undertaking Import Quantity, please click here (pdf format) for the application form.