Issue of import and export licences
Article 11
1. This Article shall not apply to licences issued for import tariff quotas managed with documents issued by third countries and for export tariff quotas managed by third countries. 2. Licences shall be issued only for applications notified to the Commission. 3. Licences shall be issued after the Commission makes public the allocation coefficient and before the end of the month. If, due to unforeseen circumstances, the Commission fails to publish the allocation coefficient in the period referred to in Article 10(2), licences shall be issued at the latest by the seventh calendar day following the day in which the Commission published the allocation coefficient. 4. Licences that are valid from 1 January shall be issued in the period between 15 and 31 December of the preceding year. If, due to unforeseen circumstances, the Commission fails to publish the allocation coefficient in the period referred to in Article 10(2), licences shall be issued at the latest by the 14th calendar day following the day in which the Commission published the allocation coefficient. If their issue date is after 1 January, licences shall be valid from their date of issue, without change on the last day of validity.