The obligation mentioned in Article 66(1) of Regulation (EU) No 1306/2013 is the requirement to perform or to refrain from performing an action, basic to the purposes of the Regulation imposing it.

If an obligation is not fulfilled and no time limit for fulfilment has been given, the security shall be forfeited when the competent authority establishes that it was not fulfilled.

If the fulfilment of an obligation is subject to a certain time limit, and the fulfilment took only place beyond that time limit, the security shall be forfeited.

In such case the security shall be forfeited for 10 % at once and further an additional percentage over the remaining balance shall be applied for:

1. (a)

   2 % per calendar day exceeding the time limit if the obligation concerns the importing of products into a third country;

2. (b)

   5 % per calendar day exceeding the time limit if the obligation concerns the leaving of products of the customs territory of the F1United Kingdom.

If an obligation is fulfilled timely, and the presentation of the proof of fulfilment is subject to a fixed time limit, the security covering that obligation shall be forfeited for each calendar day exceeding that time limit according to the formula 0,2/time limit in days set and taking account of Article 25.

If the proof referred to in the first subparagraph consists of the submission of a used or expired import or export licence, or the submission of the proof of products having left the custom territory of the F2United Kingdom, the security to be forfeited shall be 15 % if that proof is submitted after the fixed time limit referred to in the first subparagraph but at the latest on the 730th calendar day after the expiry date of the licence. After those 730 calendar days, the remaining security shall be forfeited in whole.

If the proof referred to in the first subparagraph consists of the submission of a used or expired export licence with advance fixing of the refunds, the security to be forfeited shall be:

1. (a)

   10 % if the licence is submitted between the 61th and 90th calendar days after the date of expiry of the licence;

2. (b)

   50 % if the licence is submitted between the 91st and 120th calendar day after the date of expiry of the licence;

3. (c)

   70 % if the licence is submitted between the 121st and 150th calendar day after the date of expiry of the licence;

4. (d)

   80 % if the licence is submitted between the 151st and 180th calendar day after the date of expiry of the licence;

5. (e)

   100 % if the licence is submitted after the 180th calendar day after the date of expiry of the licence.

The amount of security to be forfeited shall be rounded to the first lower amount in whole euro or F3sterling.

Once the proof as laid down by the specific F4sectoral agricultural legislation that an obligation has been fulfilled, or the security has been partially forfeited in accordance with Article 66(2) of Regulation (EU) No 1306/2013 and Article 23 of this Regulation, the security, or where applicable, the remainder of the security shall be released without delay.

A security shall on request be released in part where the relevant evidence has been furnished in relation to part of a quantity of product, provided that that part is not less than any minimum quantity specified in the regulation requiring the security, or, in the absence, as specified by the F5relevant authority.

Where no time period is laid down for producing the evidence needed to release a sum secured, such period shall be 365 calendar days from the time limit specified for respecting the obligation for which the security was lodged. Where no such time limit is specified, the period shall be 365 calendar days from the date by which all obligations have been fulfilled.

The period laid down in the first subparagraph shall not exceed 1 095 calendar days from the time the security was assigned to a particular obligation.

The total sum forfeited shall not exceed 100 % of the relevant part of the sum secured.

The competent authority may waive the forfeiture of an amount less than EUR 100, provided that similar F6... provisions for comparable cases are laid down by law, regulation or administrative action.