Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698071329936.pdf (Guyana)
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���D�� 'a���� ""s't1t\o � :r:a THE SUGAR INDUSTRY LABOUR WELFARE FUND COMMITTEE ANNUAL REVIEW -2001 HIGHLIGHTS OF THE ANNUAL REVIEW - 2001 (1) Total income of the Committee amounted levies contributing $127,233,000 .. to--$150,145,7--68 with _ _ ___ _ (2) Loan Repayments by workers amounted to $6,269,054.

(3) The Committee received $452,297 as interest from its total investment of $5,210,800.

(4)One hundred and eighty three (183) new loans were approved by the Committee.
(5) $29,660,000 was disbursed in loans during the year.

(6)The Committee acquired four (4) plots of land for development into house lots.

(7) Twelve (12) pump stations were still being operated by the Committee at the end of the year .

(8)The Committee spent $66, 141, 793 to replace Water Distribu tion Networks within its existing housing areas.

INTRODUCTION •2 • In compliance Committee, the Administration with the regulations of The Sugar Industry we.

the members.

of the Committee ha11e.

the honour.


of the fund for the year 200 l. Labour Welfare to submit Fund our report on.

MEMBERS OF THE COMMITTEE At the beginning of the year, the Committee comprised the following Personnel:- Member (3)Mr. J. Persaud, (4)Mr. C. Duncan (5) Mr. K. Takechandra- Member ( l) Mr. M.A.
Akeel, A.A. - Chairman } Public (2)Mr. G. Charles Member Officers A.A.- Member} } Member (6)Mr. J. Petam (7) Mr. B. RamkeeratMember Member (8)Ms. D. Ramraj The Term of the Committee of Messrs. with the exception on l" September, 2001 for another September, and Mr. S. Rampertab Corporation.

200!

to serve on the Committee and Ms. A. Desouza ended on 31'' August, Charles, 2001.

Members of the Committee and Ms. D. Ramraj were re-appointed Ramkeerat term of two (2) years.

Also appointed on !"


Officer ives of the Guyana Sugar were Mr. H.A.

Gafoor as a Public as Representat Representatives Trade Unions of the of the Representatives Guyana Sugar Corporation REGISTERED EXPORTER The Guyana Sugar Corporation continued to be the sole registered exporter of sugar.

INCOME Labour The Sugar lndustly $500.

00 for every tonne of sugar exported.

Special Welfare Funds Act.


Fund Committee This is in (SIL WFC) continued accordance with Sugar Industry to receive the year, the Guyana Sugar Corporation exported 254,466 As During such levies amounted payable to $127,233,000.00.

into the fund by the Guyana Sugar Corporatio of sugar.

tonnes n for the year 2001 Levies together with other sources of income of the Committee for the year 2001 were:- - 3 - SOURCE AMOUNT ..
LEVIES $127,233,000 LOAN REPAYMENTS $6,269,054 ADMIN & CONTROL SALE OF LOTS I $3,069,821 INTEREST FROM INVESTMENT I $452,297 $12,807,220 I $314,376 MISCELLANEOUS .

·-- -- TOTAL ., _-=--�� - � $150,145,768 SOURCES OF INCOME AS PERCENTAGE OF TOTAL INCOME 8.6% 0.3% 2.0% 0.2% 4.2% LEVIES SALE OF LOTS • 0 • INTEREST FROM INVESTMENT • MISCELLANEOUS Cl LOAN REPAYMENTS rl ADMIN & CONTROL I I I �I I I I .
I I I I �I I - 4 - LOAN REPAYMENT Loan Repayment Corporation to workers repayments were deducted at its various estates monthly were forwarded to the Committee were forwarded from the wages/salar on behalf of the Committee.

Copies to the Committee GuySuco's through Head Office.

ies of workers by the Guyana Sugar by each estate while the of r eceipts issued ADMINISTRATION & CONTROL Of the $12,807,220 installation Catherina, of individual Meten-Meer-Zorg and Canefield.
collected during water service the year, $7.4M were payments for the supply and Anna from residents connections of Linepath, INVESTMENTS investments The following Committee.

Treasury These investments of the fund.
who was the trustee in fixed date debentures and treasury were made in the 1970's by the then Secretary bills were held by the to the (I) Fixed date debentures - $1,498,80 0.00 (2) Treasury Bills $3,711,000.00 TOTAL INVESTMENT $5,210,800.00 - 5 - Interest earned by the C ommittee yearly on total investments since 1994 were:- YEAR 1994 1995 1996 1997 1998 1999 2000 2001 TOTAL · · INVESTMENT· $ %INTEREST AMOUNT OF -·· INTEREST $ 5,210,800.00 17.67 920,748.00 .. • " " .. • " 17.50 911,890.00 17.77 925,800.00 8.8 8.9 458,550.00 463,761.00 12.17 634,154.00 10.26 534,628.00 8.68 452,297.00 PAYMENTS Charges on the Fund for the year 2001 were:- N().t 1.
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.. ·····CATEGORY .-.

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AMOUNT Loans (a} (b} (c} New Repairs Extension 29, 100,000.00 285,000.00 275,000.00 375,500.00 1,992,858.00 Works in Housing 2.

3.

4.

5.

6.

7.

8.

Develoomental Works Maintenance Areas Water Suoolv Reoairs Procurement and lavina Office furniture Admin & Control to Buildina of Pipelines & equipment TOTAL 20,458,971.00 176, 715.00 66, 141,793.00 495,410.00 32, 196,367.00 151,497,614.00 �I I I I .
I I I I �I I I I �I I I I �I I - 6 - LOANS The Committee disbursed $27,075,000.00 in 2000.

The sum disbursed total income.

The ceiling remained for new, extension $29,660,000.00 in loans during the year compared d-19.75% on loans for 2001, represente to of at $200,000.00, $50,000.00 and $40,000.00 respectively.

and repair loans of the Committee Loans that were approved by the Committee and their value were:- TYPE OF .. >NO.

OF LOANS ·.· · VALUE LOANS APPROVED •.


183 New 6 Repairs Extension 4 36,600,000 240,000 200,000 TOTAL 37 ,040,000.00 DEVELOPMENTAL WORKS The Development of house lots by the Committee Committee's distribution commitment in its housing to Guyana Water Authority systems areas.
continued to be on hold due to the to replace the existing water of Housing East Bank Essequibo and Ordnance/Fortlands and Water has released 2 plots of land to the Canje to develop the Ministry at Tuschen, However, Committee I 00 house lots each.

The Guyana Sugar Corporati the Committee development at Zeelugt, into house lots.

East Bank Essequibo and Non Pariel, on has also donated 2 plots of land to East Coast Demerara for As soon as the Committee has fulfilled development of house lots will recommence.
its commitment to the water sector the PROCUREMENT & LAYING OF PIPELINES reached existing with the Agreement with the Guyana Water Authority, the to replace within areas.
the completion of the Meten-Meer-Zorg, Anna Catherina and Stewartville the pump stations at Meten-Meer­ were handed over to Guyana Water Authority while the and distribution systems water distribution Committee its housing Systems, systems In keeping continued Following Water Distribution Zorg and Anna Catherina Stewartville Pump Station over to Guyana Water was taken out of operation and the distri bution system handed Authority.
I I� I I I I. I I I I� I I I I� I I I I� I -7 - also completed the replacement of the distribution systems at Linepath, The Committee Corriverton, over of the systems distribution Corentyne and Shieldstown, the take replace the was in progress to by the Guyana Water Authority.

Work Berbice.
Work Berbice.

West Bank Berbice and was awaiting East and West Canefield, system in East Canje, In addition, at Linepath, the Committee Anna Catherina, and installed and Canefield Meten-Meer-Zorg supplied individual Water Service connections The Committee total income to replace continued to spend a significant $55,814,975 amount i.e $66,141,793 or 44.05% or 37.25% was expended in 2000. of its these systems.
WATER SUPPLY At the end of the year the Committee sum of $20.4M was spent during and electricity was still operating twelve the year to procure spare parts and the supply pump stations and the of fuel to keep the pump stations operational.

CONVEYANCING OF LOTS continued to act as the Agent of the Government of Guyana for the the year 216 applicants.
During of lots in existing housing were received areas to prospective to transfer and processed lots from the Government of Guyana Also, during the year two hundred (200) Certificates of Titles were The Committee transfer applications to the applicants.

uplifted 2000.

These Titles from the Deeds Registry compared to the Registered were delivered to two hundred Proprietors.
and seventy one (271) in was in the process for the newly developed The Committee housing Corporation so that these areas can be registered to allottees.

Titles issued of obtaining transports from the Guyana Sugar areas where 764 house lots were developed under the Land Registry Act and Certificates of ADMINISTRATION The payment represented employees with a Merit Increment of wages and salaries 56.34% of Administrative received an 8% across ranging amounted Cost or 12.08% from I% to 5%.
to $18,141,240.0 0 in 2001 which During income.

1•1 January, 2001, together the year, of total the board increase effective Over the past few years, relatively members low staff tum over.

There was no resignation during of staff at the end of the year.

the Committee has been able to retain most of its staff with a the year and there were 34 .
8 • CONCLUSION: The Committee continued number of Water Distribution Housing Government's and Government's the Committee to make significant by replacing a in the water sector the year.

Also, in keeping Networks with the .

loans were granted to workers to construct Schemes.

progress housing Policy, during within houses Overall, Committee the achieve wishes ments of the Committee to thank Management and Staff for their for the year was significant contribution.

and the M.A.
and the M.A.

AKEEL, A.A. Chainnan -SIL WFC C.DUNCAN Member K.TAKECHANDRA Member J.PERSAUD Member S.RAMPERTAB Member A.H.GAFOOR Member J.PETAM Member A.DESOUZA Member