1.To use the procedures provided for in this subsection, the holder of the authorization shall keep either ‘inward processing records’ or ‘records of processing under customs control’ as appropriate, as referred to in Articles 556 (3) and 651 (3), which shall also contain the reference particulars of the authorization.
2.For the purpose of drawing up the bill of discharge referred to in Article 595 or Article 664, a reference to the entries specified in paragraph 1 shall replace the reference to the declarations and documents referred to in Article 595 (3) or Article 664 (3).
3.Entries in the ‘inward processing records’ or ‘records of processing under customs control’ shall allow the customs authorities to monitor the precise situation of all goods or products under one of these procedures at any time.