Amount of the security
Article 5
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.
2
The amount of security shall be rounded to the first lower amount in pounds sterling.
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)