
Article 1 
Article 361 of Regulation (EEC) No 2454/93 is hereby amended as follows:

1.. paragraph 1 shall be replaced by the following:
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1. The amount of the comprehensive guarantee is fixed at 100 % of the duties and other charges payable, with a minimum of ECU 7 000, under the provisions of paragraph 4, except in the cases referred to in paragraph 2.

2. 

— the operator has during the period of two years regularly carried out Community transit operations under the comprehensive guarantee system,
— he has not committed breaches of his obligations during that period,
— that reduced guarantee covers at least the amount of the customs debt,
— the goods are not listed in Annex 52 and are not excluded from the comprehensive guarantee.

3. The exception provided for in paragraph 2 shall not apply if the conditions referred to therein no longer obtain.
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2.. paragraphs 2 and 3 shall become paragraphs 4 and 5 respectively.
Article 2 
This Regulation shall enter into force on the seventh day following its publication in the Official Journal of the European Communities.
This Regulation shall be binding in its entirety and directly applicable in all Member States.Done at Luxembourg, 25 October 1996.
For the Council
The President
E. KENNY