OpenLegislation

Article 7

United Kingdom

Original text. Later amendments are not shown.

1.

The security referred to in Article 3(a) shall be released in full in respect of quantities for which:

(a)

no award is made;

(b)

payment of the selling price is made within the period set and the security referred to in Article 3(b) has been lodged.

2.

The security referred to in Article 3(b) shall be released in proportion to the quantities of rye used by 30 August 2006 for the production of bioethanol in the Community and subject to the bioethanol being placed under the tax warehouse system provided for in Directive 92/12/EEC and specifying the end use of the bioethanol as biofuel in the Community.