Sugar Act, 1978 (Act No. 9 of 1978)Sugar Industry Agreement, 2000Chapter 6 : Determination and Distribution of Proceeds and Cane Prices172. Price for Recoverable Value of Cane |
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 171 by the total tonnage of the recoverable value of cane delivered during the year concerned.
[Clause 172 substituted by Notice No. 3770 of GG54123, dated 13 February 2026]