Article 3Tariff reductions
1.
Subject to paragraph 2, rates of preferential duty shall be rounded down to the first decimal place.
2.
The preferential rate shall be considered to be full exemption where the result of calculating the rate of preferential duty in accordance with paragraph 1 is one of the following:
(a)
1 % or less in the case of ad valorem duties;
(b)
EUR 1 or less per individual amount in the case of specific duties.