Commission Delegated Regulation (EU) 2020/1987 of 14 July 2020 supplementing Regulation (EU) No 1308/2013 of the European Parliament and of the Council and Regulation (EU) No 1306/2013 of the European Parliament and of the Council as regards the lodging and release of securities in the administration of tariff quotas based on the chronological order of the submission of applications

• CELEX: Delegated Regulation (EU) 2020/1987
• Articles: 5

Article 1 Scope

This Regulation lays down rules supplementing Regulations (EU) No 1308/2013 and (EU) No 1306/2013 as regards the lodging and release of securities in the administration of tariff quotas based on the chronological order of the submission of applications.

Article 2 Lodging of a security

Eligibility for the reduced import duty under a tariff quota based on the chronological order of the submission of applications may be subject to the lodging of a security with the competent authorities.

Operators shall lodge the security at the moment when they submit an application for an authorisation for end-use in accordance with Article 211 of Regulation (EU) No 952/2013 of the European Parliament and of the Council  ( 23 ) , or when they lodge the customs declaration for release for free circulation of the goods, as the case may be.

The exchange rate shall be established in accordance with Article 106 of Regulation (EU) No 1306/2013.

Article 3 Release and forfeiture of securities

1.   The security shall be released immediately once the competent authority has received the satisfactory proof that the requirements linked to that security are met.

2.   Where the relevant requirements are not entirely met, the security shall be released in proportion to the quantity for which the requirements are met. The amount of the security which is not released shall be forfeited in accordance with Article 24 of Commission Delegated Regulation (EU) No 907/2014  ( 24 ) .

Article 4 Repeals

Regulations (EC) No 440/96, (EC) No 1831/96, (EC) No 2133/2001, (EC) No 2094/2004, (EC) No 937/2006, (EC) No 437/2009, (EC) No 438/2009, (EC) No 933/2009, (EC) No 1064/2009, (EU) No 1085/2010 and (EU) No 59/2011 and Implementing Regulations (EU) No 1354/2011, (EU) No 481/2012, (EU) No 988/2014, (EU) No 989/2014, (EU) No 1233/2014, (EU) 2015/2405, (EU) 2017/1466 and (EU) 2018/567 are repealed with effect from 1 January 2021.

However, they shall continue to apply to tariff quota periods that have not yet ended on that date.

Article 5 Entry into force and application

This Regulation shall enter into force on the seventh day following that of its publication in the Official Journal of the European Union .

This Regulation shall apply to the tariff quota periods starting from 1 January 2021 onwards.