Article 5 U.K. Amount of the security

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.

[F1 2. The amount of security shall be rounded to the first lower amount in pounds sterling.]

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)