1. Exports shall be set off against the quantitative limits Philippines and the special consultation procedure set out inestablished for the year in which shipment of the goods has Article 17 of the Agreement shall be initiated forthwith .been effected , even if the export licence is issued after suchshipment . 2. Exports of Philippine origin not covered by Philippine export licences issued in accordance with the provisions of2. For the purposes of applying paragraph 1 , shipment of this Protocol may be refused the issue of importthe goods is considered to have taken place on the date of authorizations or documents by the competent Communitytheir loading on the exporting aircraft, vehicle or vessel . authorities . However , if the import of such products is allowed into the Article 10 Community by the competent Community authorities , the quantities involved shall not be set off against the appropriateThe presentation of an export licence , pursuant to Article 12 , quantitative limits set out in Annex II or established as ashall be effected not later than 3 1 March of the year following result of the application of Articles 8 or 9 of the Agreementthat in which the goods covered by the licence have been without the express agreement of the Philippines save asshipped . provided for in Article 12 of the Agreement . ---pagebreak--- N ? L 245 / 78 Jornal Ofieial das Comunidades Europeias 29 . 8 . 86 TITLE IV Article 16 1. In the event of theft , loss or destruction of an export