Document ID: chunk:federal_register_of_legislation:F2025C00089:reg:12
Version: federal_register_of_legislation:F2025C00089
Segment Type: reg
Provision Reference: reg 12
Character Range: 20525–21885

12  Formula for working out initial allocation
  For the purposes of the method statements in subsections 10(1) and (1A), the formula is the following:
  where:
AA means the access amount for the quota type and the quota year.
applicant's accredited exports means the relevant weight of all the applicant's exports for the quota type from an EU‑accredited establishment to any foreign country in the performance period for the quota year, including amounts exported by another exporter in the performance period that have been transferred to the applicant under section 25.
applicant's quota exports means the total of the amounts stated in certificates issued to the applicant under section 19 or 20 in the performance period for the quota type and quota year.
Note: The amount stated in a certificate that has been revoked is disregarded (see subsection 23(4)). See also section 24 for the effect of annotations of certificates.
total accredited exports means the relevant weight of all applicants' exports for the quota type from an EU‑accredited establishment to any foreign country in the performance period for the quota year, including amounts exported by another exporter in the performance period that have been transferred to an applicant under section 25.
total quota exports means the total amount of applicant's quota exports for all applicants.