Common use of Xxxxxxx expressed in euro Clause in Contracts

Xxxxxxx expressed in euro. 1. For the application of the provisions of Article 21(1)(b) and Article 26(3) in cases where products are invoiced in a currency other than euro, amounts in the national currencies of the Member States of the Community, of Latvia and of the other countries referred to in Articles 3 and 4 equivalent to the amounts expressed in euro shall be fixed annually by each of the countries concerned. 2. A consignment shall benefit from the provisions of Article 21(1)(b) or Article 26(3) by reference to the currency in which the invoice is drawn up, according to the amount fixed by the country concerned. 3. The amounts to be used in any given national currency shall be the equivalent in that currency of the amounts expressed in euro as at the first working day of October. The amounts shall be communicated to the Commission of the European Communities by 15 October and shall apply from 1 January the following year. The Commission of the European Communities shall notify all countries concerned of the relevant amounts. 4. A country may round up or down the amount resulting from the conversion into its national currency of an amount expressed in euro. The rounded-off amount may not differ from the amount resulting from the conversion by more than 5 per cent. A country may retain unchanged its national currency equivalent of an amount expressed in euro if, at the time of the annual adjustment provided for in paragraph 3, the conversion of that amount, prior to any rounding-off, results in an increase of less than 15 per cent in the national currency equivalent. The national currency equivalent may be retained unchanged if the conversion would result in a decrease in that equivalent value. 5. The amounts expressed in euro shall be reviewed by the Association Committee at the request of the Community or of Latvia. When carrying out this review, the Association Committee shall consider the desirability of preserving the effects of the limits concerned in real terms. For this purpose, it may decide to modify the amounts expressed in euro.

Appears in 1 contract

Samples: Decision of the Eu Latvia Association Council

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Xxxxxxx expressed in euro. 1. For the purposes of application of the provisions point (b) of Article 21(1)(b18(1) and Article 26(327(3) in cases where products are invoiced in a currency other than euro, amounts in the national currencies of the Member States of Contracting Parties to the Community, of Latvia and of the other countries referred to in Articles 3 and 4 EEA Agreement equivalent to the amounts expressed in euro shall be fixed annually by each of the countries concerned. 2. A consignment shall benefit from the provisions point (b) of Article 21(1)(b18(1) or Article 26(327(3) by reference to the currency in which the invoice is drawn up, according to the amount fixed by the country concerned. 3. The amounts to be used in any given national currency shall be the equivalent in that currency of the amounts expressed in euro as at the first working day of October. The amounts shall be communicated to the European Commission of the European Communities by 15 October and shall apply from 1 January the following year. The European Commission of the European Communities shall notify all countries concerned of the relevant amounts. 4. A country The Contracting Parties to the EEA Agreement may round up or down the amount resulting from the conversion into its national currency of an amount expressed in euro. The rounded-off amount may not differ from the amount resulting from the conversion by more than 5 per cent%. A country Party may retain unchanged its national currency equivalent of an amount expressed in euro if, at the time of the annual adjustment provided for in paragraph 3, the conversion of that amount, prior to any rounding-off, results in an increase of less than 15 per cent % in the national currency equivalent. The national currency equivalent may be retained unchanged if the conversion would were to result in a decrease in that equivalent value. 5. The amounts expressed in euro shall be reviewed by the Association EEA Joint Committee at the request of a Contracting Party to the Community or of LatviaEEA Agreement. When carrying out this that review, the Association EEA Joint Committee shall consider the desirability of preserving the effects of the limits concerned in real terms. For this that purpose, it may decide to modify the amounts expressed in euro. 1. An exporter who has made out an origin declaration or has applied for a movement certificate EUR.1 shall keep a hard copy or an electronic version of those proofs of origin and all documents supporting the originating status of the product, for at least three years from the date of issuance or making out of the origin declaration. 2. The supplier making out a supplier’s declaration shall keep copies of the declaration and of all the invoices, delivery notes or other commercial documents to which that declaration is annexed as well as the documents referred to in Article 29(6) for at least three years. The supplier making out a long-term supplier’s declaration shall keep copies of the declaration and of all the invoices, delivery notes or other commercial documents concerning goods covered by that declaration sent to the customer concerned, as well as the documents referred to in Article 29(6) for at least three years. That period shall begin from the date of expiry of validity of the long-term supplier’s declaration. 3. For the purposes of paragraph 1 of this Article, the documents supporting the originating status, inter alia, are the following: (a) direct evidence of the processes carried out by the exporter or supplier to obtain the product, contained, for example, in his accounts or internal bookkeeping; (b) documents proving the originating status of materials used, issued or made out in the relevant applying Contracting Party in accordance with its national legislation; (c) documents proving the working or processing of materials in the relevant Contracting Party to the EEA Agreement, made out or issued in that Contracting Party to the EEA Agreement in accordance with its national legislation; (d) origin declarations or movement certificates EUR.1 proving the originating status of materials used, made out or issued in the Contracting Parties to the EEA Agreement in accordance with these Rules; (e) appropriate evidence concerning working or processing undergone outside the EEA by application of Articles 13 and 14, proving the fulfilment of the requirements of those Articles. 4. The customs authorities of the exporting Contracting Party to the EEA Agreement issuing movement certificates EUR.1 shall keep the application form referred to in Article 20(2) for at least three years. 5. The customs authorities of the importing Contracting Party to the EEA Agreement shall keep the origin declarations and the movement certificates EUR.1 submitted to them for at least three years. 6. Supplier’s declarations proving the working or processing undergone in an applying Contracting Party or in the EEA by materials used, made out in that applying Contracting Party or in the EEA, shall be treated as a document referred to in Articles 18(3), 20(4) and 29(6) used for the purpose of proving that products covered by a movement certificate EUR.1 or an origin declaration may be considered as products originating in that applying Contracting Party or in the EEA and fulfil the other requirements of these Rules.

Appears in 1 contract

Samples: Eea Agreement Protocol on Rules of Origin

Xxxxxxx expressed in euro. 1. For the application of the provisions of Article 21(1)(b22(1)(b) and Article 26(327(3) of this Protocol in cases where products are invoiced in a currency other than euro, amounts in the national currencies of the Member States of the Community, of Latvia European Union and of the other countries referred to in Articles 3 and 4 Ukraine equivalent to the amounts expressed in euro shall be fixed annually by each of the countries concerned. 2. A consignment shall benefit from the provisions of Article 21(1)(b22(1)(b) or Article 26(327(3) of this Protocol by reference to the currency in which the invoice is drawn up, according to the amount fixed by the country concerned. 3. The amounts to be used in any given national currency shall be the equivalent in that currency of the amounts expressed in euro as at the first working day of October. The amounts shall be communicated to the European Commission of the European Communities by 15 October and shall apply from 1 January the following year. The European Commission of the European Communities shall notify all countries concerned of the relevant amounts. 4. A country may round up or down the amount resulting from the conversion into its national currency of an amount expressed in euro. The rounded-off amount may not differ from the amount resulting from the conversion by more than 5 per cent. A country may retain unchanged its national currency equivalent of an amount expressed in euro if, at the time of the annual adjustment provided for in paragraph 3, the conversion of that amount, prior to any rounding-off, results in an increase of less than 15 per cent in the national currency equivalent. The national currency equivalent may be retained unchanged if the conversion would result in a decrease in that equivalent value. 5. The amounts expressed in euro shall be reviewed by the Association Customs Sub-Committee at the request of the Community European Union or of LatviaUkraine. When carrying out this review, the Association Customs Sub- Committee shall consider the desirability of preserving the effects of the limits concerned in real terms. For this purpose, it may decide to modify the amounts expressed in euro.

Appears in 1 contract

Samples: Association Agreement

Xxxxxxx expressed in euro. 1. For the application of the provisions of Article 21(1)(b22(1)(b) and Article 26(327(3) in cases where products are invoiced in a currency other than euro, amounts in the national currencies of the Member States of the Community, of Latvia and of the other countries referred to in Articles 3 and 4 equivalent to the amounts expressed in euro shall be fixed annually by each of the countries concerned. 2. A consignment shall benefit from the provisions of Article 21(1)(b22(1)(b) or Article 26(327(3) by reference to the currency in which the invoice is drawn up, according to the amount fixed by the country Party concerned. 3. The amounts to be used in any given national currency shall be the equivalent in that currency of the amounts expressed in euro as at the first working day of October. The amounts shall be communicated to the Commission of the European Communities by 15 October and shall apply from 1 January the following year. The Commission of the European Communities Parties shall notify all countries concerned each other of the relevant amounts. 4. A country Party may round up or down the amount resulting from the conversion into its national currency of an amount expressed in euro. The rounded-off amount may not differ from the amount resulting from the conversion by more than 5 per cent5%. A country may retain unchanged its national currency equivalent of an amount expressed in euro if, at the time of the annual adjustment provided for in paragraph 3, the conversion of that amount, prior to any rounding-off, results in an increase of less than 15 per cent 15% in the national currency equivalent. The national currency equivalent may be retained unchanged if the conversion would were to result in a decrease in that equivalent value. 5. The amounts expressed in euro shall be reviewed by the Association Customs Sub- Committee at the request of any of the Community or of LatviaParties. When carrying out this review, the Association Customs Sub-Committee shall consider the desirability of preserving the effects of the limits concerned in real terms. For this purpose, it may decide to modify the amounts expressed in euro.

Appears in 1 contract

Samples: Proof of Origin Agreement

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Xxxxxxx expressed in euro. 1. For the application of the provisions of Article 21(1)(b22(1)(b) and Article 26(327(3) in cases where products are invoiced in a currency other than euro, amounts in the national currencies of the Member States of the Community, of Latvia and of the other countries referred to in Articles 3 and 4 equivalent to the amounts expressed in euro shall be fixed annually by each of the countries concerned. 2. A consignment shall benefit from the provisions of Article 21(1)(b22(1)(b) or Article 26(327(3) by reference to the currency in which the invoice is drawn up, according to the amount fixed by the country Party concerned. 3. The amounts to be used in any given national currency shall be the equivalent in that currency of the amounts expressed in euro as at the first working day of October. The amounts shall be communicated to the Commission of the European Communities by 15 October and shall apply from 1 January the following year. The Commission of the European Communities Parties shall notify all countries concerned each other of the relevant amounts. 4. A country Party may round up or down the amount resulting from the conversion into its national currency of an amount expressed in euro. The rounded-off amount may not differ from the amount resulting from the conversion by more than 5 per cent5%. A country may retain unchanged its national currency equivalent of an amount expressed in euro if, at the time of the annual adjustment provided for in paragraph 3, the conversion of that amount, prior to any rounding-off, results in an increase of less than 15 per cent 15% in the national currency equivalent. The national currency equivalent may be retained unchanged if the conversion would were to result in a decrease in that equivalent value. 5. The amounts expressed in euro shall be reviewed by the Association Committee Partnership, Trade and Cooperation Council at the request of any of the Community or of LatviaParties. When carrying out this review, the Association Committee Partnership, Trade and Cooperation Council shall consider the desirability of preserving the effects of the limits concerned in real terms. For this purpose, it may decide to modify the amounts expressed in euro.

Appears in 1 contract

Samples: Trade Agreement

Xxxxxxx expressed in euro. 1. For the application of the provisions of Article 21(1)(b22(1)(b) and Article 26(327(3) in cases where products are invoiced in a currency other than euro, amounts in the national currencies of the Member States of the Community, of Latvia and of the other countries referred to in Articles 3 and 4 equivalent to the amounts expressed in euro shall be fixed annually by each of the countries concerned. 2. A consignment shall benefit from the provisions of Article 21(1)(b22(1)(b) or Article 26(327(3) by reference to the currency in which the invoice is drawn up, according to the amount fixed by the country concerned. 3. The amounts to be used in any given national currency shall be the equivalent in that currency of the amounts expressed in euro as at the first working day of October. The amounts shall be communicated to the Commission of the European Communities by 15 October and shall apply from 1 January the following year. The Commission of the European Communities Parties shall notify all countries concerned be notified of the relevant amountsamounts through the EFTA Secretariat. 4. A country may round up or down the amount resulting from the conversion into its national currency of an amount expressed in euro. The rounded-off amount may not differ from the amount resulting from the conversion by more than 5 per cent. A country may retain unchanged its national currency equivalent of an amount expressed in euro if, at the time of the annual adjustment provided for in paragraph 3, the conversion of that amount, prior to any rounding-off, results in an increase of less than 15 per cent in the national currency equivalent. The national currency equivalent may be retained unchanged if the conversion would result in a decrease in that equivalent value. 5. The amounts expressed in euro shall be reviewed by the Association Joint Committee at the request of any of the Community or of LatviaParties. When carrying out this review, the Association Joint Committee shall consider the desirability of preserving the effects of the limits concerned in real terms. For this purpose, it may decide to modify the amounts expressed in euro.

Appears in 1 contract

Samples: Free Trade Agreement

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