1
7
THURSDAY, DECEMBER 11, 1986
THE FIRST CHANGE IS A RELAXATION TO THE RULES ON PERMANENT TRANSFERS WHICH DO NOT ALLOW COMPANIES WHICH HAVE PERMANENTLY TRANSFERRED IN QUOTA IN A PARTICULAR CATEGORY TO EITHER PERMANENTLY OR TEMPORARILY TRANSFER OUT QUOTA IN THAT CATEGORY IN THE YEAR IN WHICH THE TRANSFER-IN TOOK PLACE.
THIS RULE WAS INTRODUCED IN 1985 TO PREVENT CIRCUMVENTING QUOTA TRANSFER RULES THROUGH WHAT WAS CALLED +BACK TO BACK TRANSFERS+.
WHILE THE RULE HAS BEEN EFFECTIVE IN PLUGGING THIS LOOPHOLE THE TRADE DEPARTMENT ACCEPTED REPRESENTATIONS FROM THE TRADE THAT SOME RELAXATION IS REQUIRED TO PROVIDE FURTHER FLEXIBILITY TO THE TRADE.
THE RESTRICTION ON PERMANENT TRANSFER-OUT WILL, HOWEVER, REMAIN UNCHANGED AND THE DEPARTMENT WILL MONITOR CLOSELY THE EFFECT OF THIS CHANGE.
+IT IS NECESSARY TO REVISE THE GROUPING OF CATEGORIES FOR THE PURPOSE OF CALCULATING THE TRANSFER-OUT PERCENTAGE FOR THE USA AND EEC MARKETS TO TAKE ACCOUNT OF THE CHANGES IN CATEGORISATION IN THE NEW BILATERAL TEXTILES AGREEMENTS WITH THE USA AND THE EEC,+ THE SPOKESMAN EXPLAINED.
REVISED GROUPINGS FOR USA AND EEC MARKETS ARE LISTED IN APPENDICES I AND II RESPECTIVELY.
THE SPOKESMAN CONFIRMED THAT THERE ARE NO CHANGES TO THE GROUPINGS FOR OTHER MARKETS.
THE DATES OF INTRODUCING OF THE REVISED RULES FOR THE VARIOUS RESTRAINT MARKETS ARE AS FOLLOWS:
USA, CANADA, EEC AND FINLAND
AUSTRIA
NORWAY
JANUARY 1, 1987
FEBRUARY 1, 1987
JULY 1, 1987
SWEDEN
SEPTEMBER 1, 1987
A NOTICE TO EXPORTERS ANNOUNCING DETAILS OF THE REVISED RULES IS BEING ISSUED.
/Appendix I