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The Customs (Tariff Quotas) (EU Exit) Regulations 2020
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Quota volume
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6.—(1) The quota volume in relation to goods subject to a quota is the total quantity, however expressed, of those goods which may be imported into the United Kingdom as quota goods during each quota period (“quota volume”).
(2) Subject to paragraph (3), the quota volume in relation to goods subject to a quota is set out in column 5 of the Quota Table as a figure or formula including a unit of measure against the relevant commodity code for those goods and applies to the quota period in the corresponding row of that Table.
(3) The quota volume in relation to goods subject to a quota which applies for the period commencing on IP completion day and ending at the end of the applicable quota period is the figure or formula set out in column 8 of the Quota Table.
(4) Where a formula set out in column 8 of the Quota Table indicates an allocated quantity for the quota concerned, “allocated quantity” refers to the total quantity of goods allocated to be imported as quota goods under the quota concerned immediately before IP completion day; the Secretary of State must within 10 working days of the appointed day publish a notice specifying as a figure the quota volume which applies in respect of that quota as a result of applying that formula.
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