1.Member States shall calculate their thresholds for the year following the current calendar year on the basis of the latest available results for their trade with other Member States over a period of at least 12 months. The provisions adopted at the start of a year shall apply for the whole year.
2.The value of the trade of a party responsible for providing information is considered to be above the thresholds:
(a)when the value of trade with other Member States during the previous year exceeds the applicable thresholds, or
(b)when the cumulative value of trade with other Member States since the beginning of the year of application exceeds the applicable thresholds. In that case, information shall be provided from the month in which thresholds are exceeded.
3.Parties responsible for providing information according to the simplified rules of Article 10(4)(c) of Regulation (EC) No 638/2004 shall use the code 9950 00 00 for reporting the residual products.
4.For individual transactions whose value is less than EUR 200, the parties responsible for providing information may report the following simplified information:
the product code 9950 00 00,
the partner Member State,
the value of the goods.
National authorities:
(a)may refuse or limit application of this simplification if they consider that the aim of maintaining a satisfactory quality of statistical information overrides the desirability of reducing the reporting burden;
(b)may require parties responsible for providing information to ask in advance to be allowed to make use of the simplification.