(1) The Central Government may, by order in writing, fix from time to time, in accordance with the prescribed formula, the quantity of sugar which may be produced in a factory during any year.
(2) In prescribing the formula referred to in sub-section (1), the Central Government shall have regard to—
(a) the quantity of sugar available at the commencement of the year in the territories to which this Ordinance extends,
(b) the quantity of sugar which, in its opinion, would be reasonably required for consumption during the year in the territories to which this Ordinance extends,
(c) the quantity of sugar which, in its opinion, is likely to be required for export during the year,
(d) the working capacity of the factory during the relevant period, 30 of 1958.
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(e) the number of days on which the factory actually worked during the relevant period,
(f) the quantity of sugar produced expressed as percentage of the sugarcane crushed during the relevant period, and
(g) such other matters as may be prescribed.
(3) The order referred to in sub-section (1) shall be communicated to the owner of each factory and the quantity fixed under the order for any year shall be deemed to be the permissible quota in respect of the factory for that year.