Section 6
SEC. 6. In furtherance of the purposes and objectives of this decree, the Commission shall cause the phasing out of the National Sugar Trading Corporation (NASUTRA) as soon as possible but not later than December 31, 1985. Further, the Commission shall cause the organization of a private corporation to be called the Philippine Sugar Marketing Corporation (PHILSUMA) as soon as possible but not later than December 31, 1985. PHILSUMA will be the sole marketing agency for sugar exports and will, in addition, engage in domestic trading of sugar on a nonexclusive basis. PHILSUMA will be offered for subscription to sugar producers (planters and millers) in proportion to their actual production.''