Regulation 14 Allocation of quotas over more than one periodI1

This regulation applies where more than one period is entered in the Quota Table as a quota period in respect of which a quota applies.

Subject to F1paragraphs (2A) and (3), on the relevant day, if there is quota volume F2which applies for the preceding quota period which is unallocated once all the deductions from the quota volume under regulation 12 (if any) have been made, that unallocated quota volume is to be added to the quota volume which applies for the F3current quota period.

Paragraph (2) does not apply to quota volumes in Part B of the Steel Quota Table.

Any quota volume F5which applies for the preceding quota period which remains unallocated on the F6relevant day after the end of the quota year is not to be carried over to the F7current quota period.

In this regulation—

• “relevant day” means—

  1. (a)

     in relation to a quota in the Steel Quota Table, the twentieth working day after the day on which a quota period closes;

  2. (b)

     in relation to a quota in the Non-steel Quota Table, the day after the day on which a quota period closes;

• “relevant day after the end of the quota year” means—

  1. (a)

     in relation to a quota in the Steel Quota Table, the twentieth working day after 30th June;

  2. (b)

     in relation to a quota in the Non-steel Quota Table, 1st January.