Article 15 Transitional provision
United Kingdom
This Regulation does not affect the period of validity and the amount of the security of the licence applicable in the framework of tariff quota periods which have not expired on the date of application of this Regulation as provided in Article 17.
At the request of the interested parties, the securities lodged for the issuing of import and export licenses and advance-fixing certificates, shall be released, when the following conditions are met:
the validity of the licenses or certificates has not expired on the date referred to in paragraph 1;
the licenses or certificates are no longer required for the products concerned from the date referred to in paragraph 1;
the licenses or certificates have been used only partially or not at all on the date referred to in paragraph 1.