13Transfer of amounts of quota entitlement that prevents access to quota

13 Transfer of amounts of quota entitlement that prevents access to quota

An exporter is not eligible to be allocated a quota entitlement for a quota year if: (a) in any of the 3 preceding quota years (the relevant preceding quota year), the exporter transferred 50% or more of the combined amount of: (i) the exporter’s standard quota entitlement for the relevant preceding quota year; and (ii) the exporter’s supplementary quota entitlement (if any) for the relevant preceding quota year; or (b) in any 2 consecutive quota years of the 4 preceding quota years, the exporter transferred 33% or more of its combined standard quota entitlement and supplementary quota entitlement (if any) for those 2 consecutive quota years.

Note: This provision has the effect that an exporter will not be eligible to be allocated a quota entitlement for 3 quota years if either paragraph (a) or (b) applies.