# Commission Implementing Regulation (EU) 2020/1197 of 30 July 2020 laying down technical specifications and arrangements pursuant to Regulation (EU) 2019/2152 of the European Parliament and of the Council on European business statistics repealing 10 legal acts in the field of business statistics (Text with EEA relevance), Division 2: The provisions of this section shall apply only to the following exports and imports of spacecraft:

Extent: E+W+S+N.I.

(a) the launching of a spacecraft for which economic ownership has been transferred from a legal or natural person established in the reporting Member State to a legal or natural person established in another Member State or non-member country. This shall include the launching of parts of spacecraft with a view to their assembly outside the earth’s atmosphere. These transactions shall be treated as an export;
(b) the launching of a spacecraft for which economic ownership has been transferred from a legal or natural person established in another Member State or non-member country to a legal or natural person established in the reporting Member State. This shall include the launching of parts of spacecraft with a view to their assembly outside the earth’s atmosphere. These transactions shall be treated as an import.

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Source: https://www.legislation.gov.uk/eur/2020/1197/annex/V/chapter/III/section/25/division/2 (the official version)
Page: https://openlegislation.uk/eu-regulation-2020-1197/annex-V/chapter-III/section-25/division-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.