{
  "url": "https://openlegislation.uk/eu-regulation-2010-113/annex-II",
  "json_url": "https://openlegislation.uk/eu-regulation-2010-113/annex-II.json",
  "legislation": "eur/2010/113",
  "legislation_title": "Commission Regulation (EU) No 113/2010 of 9 February 2010 implementing Regulation (EC) No 471/2009 of the European Parliament and of the Council on Community statistics relating to external trade with non-member countries, as regards trade coverage, definition of the data, compilation of statistics on trade by business characteristics and by invoicing currency, and specific goods or movements (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2010-113",
  "path": "annex/II",
  "kind": "annex",
  "number": "II",
  "heading": null,
  "text": "LIST OF NATURE OF TRANSACTIONS CODES\nFinancial leasing covers operations where the lease instalments are calculated in such a way as to cover all or virtually all of the value of the goods. The risks and rewards of ownership are transferred to the lessee. At the end of the contract the lessee becomes the legal owner of the goods.\nProcessing covers operations (transformation, construction, assembling, enhancement, renovation …) with the objective of producing a new or really improved item. This does not necessarily involve a change in the product classification. Processing activities on a processor’s own account are not covered by this item and should be registered under item 1 of column A.\nA\nB\n1.\nTransactions involving actual or intended transfer of ownership from residents to non-residents against financial or other compensation (except the transactions listed under 2, 7, 8)\n1.\nOutright purchase/sale\n2.\nSupply for sale on approval or after trial, for consignment or with the intermediation of a commission agent\n3.\nBarter trade (compensation in kind)\n4.\nFinancial leasing (hire-purchase)\n9.\nOther\n2.\nReturn and replacement of goods free of charge after registration of the original transaction\n1.\nReturn of goods\n2.\nReplacement for returned goods\n3.\nReplacement (e.g. under warranty) for goods not being returned\n9.\nOther\n3.\nTransactions involving transfer of ownership without financial or in kind compensation (e.g. aid shipments)\n4.\nOperations with a view to processing under contract (no transfer of ownership to the processor)\n1.\nGoods expected to return to the initial country of export\n2.\nGoods not expected to return to the initial country of export\n5.\nOperations following processing under contract (no transfer of ownership to the processor)\n1.\nGoods returning to the initial country of export\n2.\nGoods not returning to the initial country of export\n6.\nParticular transactions recorded for national purposes\n7.\nOperations under joint defence projects or other joint intergovernmental production programmes\n8.\nTransactions involving the supply of building materials and technical equipment under a general construction or civil engineering contract for which no separate invoicing of the goods is required and an invoice for the total contract is issued\n9.\nOther transactions which cannot be classified under other codes\n1.\nHire, loan, and operational leasing longer than 24 months\n9.\nOther",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Financial leasing covers operations where the lease instalments are calculated in such a way as to cover all or virtually all of the value of the goods. The risks and rewards of ownership are transferred to the lessee. At the end of the contract the lessee becomes the legal owner of the goods."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Processing covers operations (transformation, construction, assembling, enhancement, renovation …) with the objective of producing a new or really improved item. This does not necessarily involve a change in the product classification. Processing activities on a processor’s own account are not covered by this item and should be registered under item 1 of column A."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2010/113/annex/II",
    "retrieved_at": "2026-11-01T14:50:56.281977+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}