Article 3 - Mandatory registration - Supplies exceed the Mandatory Registration Threshold

1) For registration purposes every Resident Person in the Kingdom who is not registered by the Authority must at the end of each month calculate the value of his Supplies made in the Kingdom within the twelve months then ended, in accordance with the requirements set out in the Agreement. In cases where this value exceeds the Mandatory Registration Threshold detailed in the Agreement, the Person must apply to the Authority to register within thirty (30) days of the end of that month pursuant to article eight of these Regulations. 

2) The registration of a Person who registers under the first paragraph of this article takes effect from the start of the next month following the month in which the registration application is submitted.

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