CHAPTER 6UNUSED QUOTA AUTHORISATIONS

Article 13

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.