Contents
- 1. The obligation referred to in Article 64(1) of Regulation…
- 2. If an obligation is not fulfilled and no time limit for fu…
- 3. If the fulfilment of an obligation is subject to a certain…
- 4. If an obligation is fulfilled timely, and the presentation…1 change
- 5. The amount of security to be forfeited shall be rounded to…
4.If an obligation is fulfilled timely, and the presentation of the proof of fulfilment is subject to a fixed time limit, the security covering that obligation shall be forfeited for each calendar day exceeding that time limit according to the formula 0,2/time limit in days set and taking account of Article 26.If the proof referred to in the first subparagraph consists of the submission of a used or expired import or export licence, the security to be forfeited shall be 15 % if that proof is submitted after the fixed time limit referred to in the first subparagraph but at the latest on the 730th calendar day after the expiry date of the licence. After those 730 calendar days, the remaining security shall be forfeited in whole.
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