Instead of replacing the quantities referred to in Article 1, the trader may apply to have the sales contract cancelled, the securities paid in respect of the quantities released and the return of the purchase price paid. The application must be submitted to the United Kingdom intervention agency. It must be accompanied by:
(a) a declaration by the trader that he has definitively relinquished the quantities in question and has renounced his rights thereto;
(b) the certificate referred to in Article 1 (2) (c).
Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04
CitationArticle 2 of Commission Regulation (EC) No 2178/94 (LawPlayer, data as of 2026-07-04)