Article 1

Regulation (EC) No 2771/1999 is amended as follows:

1. 1..

   Article 24 is replaced by the following:

   ‘Article 24

   For the purposes of the tendering security provided for in Article 23(3)(b), the primary requirements within the meaning of Article 20 of Regulation (EEC) No 2220/85 shall be that tenders are maintained after the time limit referred to in Article 22(2) of this Regulation and that the price is paid within the deadline laid down in Article 24f(2) of this Regulation.’

2. 2..

   In Article 24e the following paragraph is added:

   ‘3.

   Except in cases of force majeure, if the successful tenderer has not complied with the requirement provided for in paragraph 2 of this Article the tendering security referred to in Article 23(3)(b) shall be forfeited and the sale of the quantities involved shall be cancelled.’

3. 3..

   In Article 24f(3), the second subparagraph is deleted.