Commission Regulation (EC) No 952/2006 Article 53

Transfer of ownership

Article 53

1. Ownership of sugar awarded under a tendering procedure shall be transferred when the sugar is removed from storage. 2. However, the intervention agency and the successful tenderer may agree to ownership being transferred at another stage. Where the intervention agency and the successful tenderer have reached an agreement under Article 50(1), they may determine jointly at what stage the transfer of ownership is to take place. 3. Agreement on the transfer of ownership shall be valid only if it is concluded in writing.

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CitationArticle 53 of Commission Regulation (EC) No 952/2006 (LawPlayer, data as of 2026-07-04)

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