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Article 23 Second and third tranches of IP certificate issues — reduction coefficient

United Kingdom

Original text. Later amendments are not shown.

1.

For the purposes of the second tranche of certificate issues, the quantities of the basic products published pursuant to the second subparagraph of Article 22 shall be covered to the extent of 60 %

For the purposes of the third tranche of certificate issues, the quantities of the basic products published pursuant to the second subparagraph of Article 22 shall be covered to the extent of 100 %.

2.

Each operator may apply for an IP certificate for each basic product within 10 working days following the publication referred to in the second subparagraph of Article 22.

3.

Within five working days of the end of the period described in paragraph 2, Member States shall inform the Commission of the total quantities applied for per basic product, stating the quantity applied for and the business name of the corresponding operator.

4.

Using the quantities published pursuant to X1Article 22, the Commission shall, if necessary, fix a reduction coefficient for each basic product.

5.

The procedure set out in the second and third subparagraphs of Article 21(3) and Article 21(4) and (5) shall apply.

Annotations

Editorial notes

X1

Substituted by Corrigendum to Commission Regulation (EC) No 1488/2001 of 19 July 2001 laying down rules for the application of Council Regulation (EC) No 3448/93 as regards the placement of certain quantities of certain basic products listed in Annex I to the Treaty establishing the European Community under the inward processing arrangements without prior examination of the economic conditions (Official Journal of the European Communities L 196 of 20 July 2001).