CHAPTER 2

ALLOCATION PRINCIPLES
Article 4
1
During the first part of the quota period:
a
70 % of each tariff quota per product group shall be allocated to traditional importers (hereinafter referred to as ‘quota for traditional importers’); and
b
30 % of each tariff quota per product group shall be allocated to new importers (hereinafter referred to as ‘quota for new importers’).
2
The quota for new importers shall be allocated in accordance with the chronological order of receipt by the Commission of notifications from the Licence Offices of applications for a quota authorisation from such importers.
3
Each new importer shall be granted a maximum of 1,5 % of the tariff quota for each product group in accordance with the allocation procedure referred to in paragraph 2.