The tiered price referred to in Article 4(2)(b) shall, at the option of the applicant, be either:
(a)
no higher than the percentage set out in Annex III of the weighted average ex factory price charged by a manufacturer in markets of the Organisation for Economic Cooperation and Development (OECD) for the same product at the time of application; or
(b)
a manufacturer's direct production costs, with the addition of the maximum percentage which is set out in Annex III.
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 3 of Regulation (EU) 2016/793 (LawPlayer, data as of 2026-07-04)
