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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
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1.Where the actual imports by a traditional importer of covered products during quota period n–1 are lesser than 85 % of the quantities covered by all quota authorisations granted to such importer during the same quota period, the importer’s import ceilings for both product groups during quota period n+1 shall be reduced by an amount proportional to the size of missing actual imports.
2.The reduction referred to in paragraph 1 shall be calculated as follows:
ri = (0,85 * ΣΑi – Ii)/ΣΑi
where:
‘ri’ represents the reduction applicable to import ceilings of importer i, for both product groups, during the quota period n+1;
‘ΣΑi’ represents the sum of quota authorisations granted to the traditional importer i during the quota period n–1;
‘Ii’ represents the actual imports of covered products of importer i during the quota period n–1.
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