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Article 83 Forms of guarantee other than a cash deposit or an undertaking given by a guarantor(Article 92(1)(c) of the Code)

United Kingdom

Original text. Later amendments are not shown.

1.

The forms of guarantee other than a cash deposit or an undertaking given by a guarantor shall be the following:

(a)

the creation of a mortgage, a charge on land, an antichresis or other right deemed equivalent to a right pertaining to immovable property;

(b)

the cession of a claim, the pledging, with or without surrendering possession, of goods, securities or claims or a savings bank book or entry in the national debt register;

(c)

the assumption of joint contractual liability for the full amount of the debt by a third party approved for that purpose by the customs authorities or the lodging of a bill of exchange the payment of which is guaranteed by such third party;

(d)

a cash deposit or means of payment deemed equivalent thereto other than in euro or the currency of the Member State in which the guarantee is required;

(e)

participation, subject to payment of a contribution, in a general guarantee scheme administered by the customs authorities.

2.

The forms of guarantee referred to in paragraph 1 shall not be accepted for the placing of goods under the Union transit procedure.

F13.

The customs authorities shall accept the forms of guarantee referred to in paragraph 1 in so far as those forms of guarantee are accepted under national law.

Annotations

Textual amendments

F1

Substituted by Commission Delegated Regulation (EU) 2018/1063 of 16 May 2018 amending and correcting Delegated Regulation (EU) 2015/2446 supplementing Regulation (EU) No 952/2013 of the European Parliament and of the Council as regards detailed rules concerning certain provisions of the Union Customs Code.