Commission Delegated Regulation (EU) 2016/1237Show full title

Commission Delegated Regulation (EU) 2016/1237 of 18 May 2016 supplementing Regulation (EU) No 1308/2013 of the European Parliament and of the Council with regard to the rules for applying the system of import and export licences and supplementing Regulation (EU) No 1306/2013 of the European Parliament and of the Council with regard to the rules on the release and forfeit of securities lodged for such licences, amending Commission Regulations (EC) No 2535/2001, (EC) No 1342/2003, (EC) No 2336/2003, (EC) No 951/2006, (EC) No 341/2007 and (EC) No 382/2008 and repealing Commission Regulations (EC) No 2390/98, (EC) No 1345/2005, (EC) No 376/2008 and (EC) No 507/2008 (Text with EEA relevance)

Article 13Transitional provisions

1.This Regulation does not affect the applicable period of validity and the amount of the security lodged for licences which have not expired on 6 November 2016.

2.At the request of the titular holder, the security lodged for a licence shall be released when all of the following conditions are met:

(a)the validity of the licence has not expired on the date referred to in paragraph 1;

(b)the licence is no longer required for the products concerned from the date referred to in paragraph 1;

(c)the licence has been used only partially or not at all on the date referred to in paragraph 1.