# Commission Implementing Regulation (EU) No 498/2012 of 12 June 2012 on the allocation of tariff-rate quotas applying to exports of wood from the Russian Federation to the European Union, Article 14

Extent: E+W+S+N.I.

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.

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Source: https://www.legislation.gov.uk/eur/2012/498/article/14 (the official version)
Page: https://openlegislation.uk/eu-regulation-2012-498/article-14
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.