1.The security for a licence shall be released if the obligations referred to in Article 24 of Delegated Regulation (EU) No 907/2014 and this Article have been fulfilled.
2.The right to have the products released for free circulation or to export shall be considered to have been exercised, and the corresponding obligation shall be considered to have been fulfilled, on the day the relevant customs declaration is accepted within the period of validity of the licence and provided that:
(a)in case of release for free circulation, the products are actually released for free circulation;
(b)in case of export, the products have left the [F1United Kingdom] within 150 calendar days from the day of acceptance of the customs declaration.
3.Proof of the fulfilment of the obligation to have the products released for free circulation shall be the titular holder's or transferee's copy of the licence F2..., duly endorsed by customs, or its electronic equivalent.
[F34.Proof of the fulfilment of the obligation to export shall be the titular holder's or transferee's copy of the licence duly endorsed by customs or its electronic equivalent.]
F45.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6.The proof of having the products released for free circulation must be received by the licence issuing authority within 60 calendar days of the expiry of the period of validity of the licence.
The proof of export and exit of the [F5United Kingdom] must be received by the licence issuing authority within 180 calendar days after the expiry of the licence.
If the periods provided for in the first and second subparagraphs cannot be respected due to technical problems, the licence issuing authority may, at the request and proof of the titular holder, extend those periods, if necessary ex post, up to a maximum of 730 calendar days, taking account of Article 23(4) of Delegated Regulation (EU) No 907/2014.
7.The licence issuing [F6authority] may waive the obligation to provide the proof referred to in paragraphs 2, 3 and 4 if [F7it is] already in possession of the necessary information.
Textual Amendments
F1Words in Art. 14(2)(b) 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. 10(2); 2020 c. 1, Sch. 5 para. 1(1)
F2Words in Art. 14(3) omitted (31.12.2020) by virtue of The Import and Export Licences (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1409), reg. 1(2), Sch. 2 para. 10(3); 2020 c. 1, Sch. 5 para. 1(1)
F3Art. 14(4) 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. 10(4); 2020 c. 1, Sch. 5 para. 1(1)
F4Art. 14(5) omitted (31.12.2020) by virtue of The Import and Export Licences (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1409), reg. 1(2), Sch. 2 para. 10(5); 2020 c. 1, Sch. 5 para. 1(1)
F5Words in Art. 14(6) 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. 10(6); 2020 c. 1, Sch. 5 para. 1(1)
F6Word in Art. 14(7) 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. 10(7)(a); 2020 c. 1, Sch. 5 para. 1(1)
F7Words in Art. 14(7) 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. 10(7)(b); 2020 c. 1, Sch. 5 para. 1(1)