7Applications to reserve tariff rate quota entitlement

7 Applications to reserve tariff rate quota entitlement

(1) A person may apply to the Secretary to reserve an amount of tariff rate quota entitlement for export of feed grain to Indonesia in a quota year under an eligible feed grain contract. (2) The maximum amount of tariff rate quota entitlement that the person may apply to reserve is 110% of the total weight of feed grain specified in the contract. (3) An application must not be made before 1 November in the calendar year immediately before the quota year.

Note: A person also must not make an application in certain periods after having a previous amount of tariff rate quota entitlement revoked (see subsections 23(6) and 24(4)).

(4) An application must: (a) be accompanied by a copy of the eligible feed grain contract; and (b) state the amount of tariff rate quota entitlement that the applicant wishes to reserve.

Note: See section 30 for additional requirements and other matters relating to applications.