30Allocation of quota

30 Allocation of quota

(1) The Secretary must, as soon as practicable after the annual application day for a quota type and a quota year, allocate to applicants under section 29 amounts of tariff rate quota entitlement for that quota type and quota year in accordance with this section. (2) The amount of tariff rate quota entitlement to be allocated to an applicant is: (a) if the total amount applied for in all applications is less than or equal to the standard access amount for the quota type and quota year—the amount the person applied for; or (b) if the total amount applied for in all applications is more than the standard access amount for the quota type and quota year—the amount worked out under section 31.

Note: See also section 32 for calculations required for the purposes of section 31.