instance allocations will be for the first 6 months
Applications for such licences should
only of 19727.
be made as soon as possible and should reach Import
Licensing Branch by 24 December. These licences should
be used in the first instance for outstanding orders for
which import licences are not forthcoming under the
relevant country quota. Applications will be invited
for allocations for the second 6 months of 1972 when it
is known to what extent orders made before November
can be accommodated within the existing country quotas./
·
for
(c) Any importer who has placed before NOVEMBER 1971
firm orders covered by irrevocable letters of credit
cotton textiles to be imported from any of the countries
subject to quota restrictions but did not receive in 1971
an import licence under the global quota or under the
relevant country quota for cotton textiles in that
category should apply to ILB giving full particulars of
these orders.
All quota levels will be increased by 1% over the 1971 level,
but it is not possible to give any assurance that the 1%
increase will be reflected in individual licences granted
under the global quotas.
A notice to importers will be issued as soon as possible
giving the information described above, together with some
rther details and an account of the arrangements for
obtaining duty relief for certain cotton textiles exported
in 1971 from restricted countries in the Commonwealth
preference area.
3