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Council Regulation (EU) 2017/1509 of 30 August 2017 concerning restrictive measures against the Democratic People's Republic of Korea and repealing Regulation (EC) No 329/2007

article  16o

CELEX:  02017R1509-20241216

1. By way of derogation from Articles 16j to 16n, the competent authorities of the Member States may authorise the import, purchase or transfer of the items referred to in those Articles by no later than 21 January 2018 provided that:
(a) the import, purchase or transfer is due under a written contract that entered into force prior to 22 December 2017; and (b) the Member State concerned notifies the Sanctions Committee of the details of such import, purchase or transfer by no later than 5 February 2018.
2. The Member State concerned shall notify the other Member States and the Commission of any authorisation granted pursuant to paragraph 1.