CHAPTER 6U.K. UNUSED QUOTA AUTHORISATIONS

[F1Article 14 U.K.

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:

where: