Document ID: chunk:federal_register_of_legislation:F2025C00088:reg:62
Version: federal_register_of_legislation:F2025C00088
Segment Type: reg
Provision Reference: reg 62
Character Range: 112865–113929

62  Method for issuing tariff rate quota certificates
 (1) Subject to subsections (2) to (5), the allocation method applies for the purposes of issuing a tariff rate quota certificate in relation to a consignment of EU high quality beef for export to the European Union in a quota year beginning on or after 1 July 2020.
Note: The allocation method is set out in Part 3 of Chapter 2.

Maximum transfer percentage
 (2) For the quota years beginning on 1 July 2021, 1 July 2022 and 1 July 2023, subsections 29(2) and 44(2) do not apply.
 (3) For the quota year beginning on 1 July 2024, subsections 29(2) and 44(2) apply as if the reference to any of the 3 previous quota years were a reference to the quota year beginning on 1 July 2023.
 (4) For the quota year beginning on 1 July 2025, subsections 29(2) and 44(2) apply as if the reference to any of the 3 previous quota years were a reference to the quota years beginning on 1 July 2023 and 1 July 2024.

Allocation penalty
 (5) For the quota year beginning on 1 July 2021, no person has an allocation penalty.