OpenLegislation

Article 2 Definitions

United Kingdom

Original text. Later amendments are not shown.

1.

For the purposes of Article 3 (2) of the basic Regulation, the expression ‘quantities available within the overall Community quota for the entire category and the third country concerned’ is understood to mean the quantities available in the framework of the quota established for the year during which the quantity requested by an operator has been notified to the Commission by the competent authorities which have received the application for the prior authorization.

2.

For the purposes of Article 3 (4) (i) of the basic Regulation, the expression ‘the overall quantity for which he carried out OPT’ is understood to mean the reimportation of compensating products of a specific category and country under the economic outward processing arrangements during the course of the year 1993 or the year 1994, the choice being left to the applicant. The category, quantity and the third country corresponding to the chosen year shall be the reference for the following years, an adjustment being made, if need be, of the quantities pursuant to Article 3 (4) (2) and (3) and Article 3 (5) (5) and (6) of the basic Regulation.

3.

For the purposes of Article 3 (4) (3) of the basic Regulation, the equivalent quantities are to be found in the equivalence table in Annex I of Regulation (EEC) No 3030/93.

4.

For the purposes of Article 3 (5) (3) of the basic Regulation the value of the Community production is calculated on the basis of the normal ex factory price, exclusive of VAT, of products, shown in Annex II of the basic Regulation that have been manufactured in the Community in the previous year, whether in the applicant's factory or on his account by another manufacturer, as much as the latter business does not also introduce a request for prior authorization for the same Community production for the same period.

5.

The additional amounts, provided for in Article 3 (4) (2) and (5) (4) of the basic Regulation, are allocated according to the maximum amounts shown in Annex III on the condition that the applicant has effectively either reimported at least 50 % or exported an equivalent of at least 80 % of the quantity previously authorized in the framework of the economic outward processing arrangements for the category and the country concerned.

6.

For the purposes of Article 3 (5) (5) and (6) of the basic Regulation, the ‘quantities of compensatory products’ which shall be allocated for each category and third country to an applicant as a past beneficiary, are those which the applicant has reimported the previous year under the economic outward processing arrangements, reduced proportionately, where appropriate, to the decline of this Community production due to economic outward processing operations carried out in the course of the reference period.

7.

For the purposes of Article 5 (3) of the basic Regulation ‘rate of yield’ means the quantity or percentage of compensating products obtained from the processing of a given quantity of the temporary exported goods.