Article 4
United Kingdom
Applications for advances may be submitted in accordance with the timetable laid down in Article 7 (2).
The amount of each advance shall be determined by multiplying the quantities marketed during the period in question by a average 70 % of the amount of aid paid in respect of the preceding year.
Payment of the advance shall be subject to the lodging of a security. The amount of this security shall be fixed at 50 % of the advance.
The security shall be forfeit in proportion to the part of the aid usually paid where:
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the definitive amount of the aid proves to be less than the amount of the advances, and/or
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the quantities of bananas marketed for which advances have been applied for exceeds the total quantity of production referred to in Article 12 (2) of Regulation (EEC) No 404/93.
The security shall be released as soon as the definitive aid is paid by the competent authorities.