24Entitlement revoked at end of certificate application period

24 Entitlement revoked at end of certificate application period

(1) If a person has a tariff rate quota entitlement for an eligible feed grain contract and a quota year at the end of the certificate application period for the contract (and has not given the Secretary a revocation notice in accordance with section 23), the entitlement is revoked at the start of the day after the last day of the certificate application period for the contract (the revocation time).

Note: For the purposes of paragraphs 9(2)(b) and (3)(c), the total of the person’s reservation amounts for eligible feed contracts and the quota year is taken to be reduced by any tariff rate quota entitlement revoked under this section (see subsection 9(4)).

(2) However, if at the revocation time the person has made one or more applications for a tariff rate quota certificate in relation to a consignment to be exported under the contract in the quota year that the Secretary has not dealt with, the entitlement is revoked when the Secretary has dealt with all of the applications. (3) The Secretary must record the revocation of the entitlement in an electronic system maintained by the Department. (4) If a person’s tariff rate quota entitlement for a contract and quota year is revoked under this section and the amount of the revoked entitlement is not zero, the person must not make an application under section 7: (a) for a period of 28 days beginning on the day the entitlement is revoked; or (b) if the amount of the revoked entitlement is equal to the person’s reservation amount for the contract and quota year—until 1 May in the next quota year.