OpenLegislation

Article 1

United Kingdom

Original text. Later amendments are not shown.

1.

At the request of the interested parties, the securities related to import rights lodged in application of Article 5(1) of Regulation (EC) No 1217/2005 and of Article 5(1) of Regulation (EC) No 1241/2005 shall be released, under the following conditions:

(a)

the applicant has applied for and obtained import rights under the quota:

  1. (i)

    referred to in Article 1 of Regulation (EC) No 1217/2005, or

  2. (ii)

    referred to in Article 1 of Regulation (EC) No 1241/2005;

(b)

the import rights have been used only partially or not at all by 1 January 2007.

2.

The securities referred to in paragraph 1 shall be released proportionally to the import rights which have not been used by 1 January 2007.