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Article 5 Amount of the security

United Kingdom

Original text. Later amendments are not shown.

1.

Where a security is required in accordance with Article 4(1) of Delegated Regulation (EU) 2016/1237, the amount of the security shall be as set out in Annex II to this Regulation.

F12.

The amount of security shall be rounded to the first lower amount in pounds sterling.

Annotations

Textual amendments

F1

Art. 5(2) substituted (31.12.2020) by The Import and Export Licences (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1409), reg. 1(2), Sch. 2 para. 4 (as amended by S.I. 2020/1452, regs. 1(2)(b), 9(3)); 2020 c. 1, Sch. 5 para. 1(1)