Article 2 Lodging of a security
Eligibility for the reduced import duty under a tariff quota based on the chronological order of the submission of applications may be subject to the lodging of a security with the competent authorities.
Operators shall lodge the security at the moment when they submit an application for an authorisation for end-use in accordance with Article 211 of Regulation (EU) No 952/2013 of the European Parliament and of the Council, or when they lodge the customs declaration for release for free circulation of the goods, as the case may be.
The exchange rate shall be established in accordance with Article 106 of Regulation (EU) No 1306/2013.
Regulation (EU) No 952/2013 of the European Parliament and of the Council of 9 October 2013 laying down the Union Customs Code (OJ L 269, 10.10.2013, p. 1).