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Article 14 F1

United Kingdom

Original text. Later amendments are not shown.

1.

Where a quota authorisation that has not been returned or covered by a corresponding sworn declaration pursuant to Article 12 remains unused at the end of quota period n-1, the importer's import ceilings for the product group concerned during quota period n+1 shall be reduced by the amount proportional to the size of the unused quota authorisation.

2.

The reduction referred to in paragraph 1 shall be calculated as follows:

  • R i = ΣU i /ΣΑ i

where:

  • ‘R i ’ represents the reduction applicable to the import ceiling of importer i, for the product group concerned, during quota period n+1;

  • ‘ΣU i ’ represents the sum of unused quantities covered by quota authorisations for the product group concerned granted to importer i during the quota period n-1;

  • ‘ΣΑ i ’ represents the sum of the quantities covered by quota authorisations granted to importer i, for the product group concerned, during the quota period n-1.

Annotations

Textual amendments

F1

Substituted by Commission Implementing Regulation (EU) 2016/623 of 21 April 2016 amending Implementing Regulation (EU) No 498/2012 on the allocation of tariff-rate quotas applying to exports of wood from the Russian Federation to the European Union.