Article 4 - Mandatory registration - Supplies expected to exceed the Mandatory Registration Threshold

1) A Resident Person in the Kingdom who is not registered with the Authority must at the end of each month estimate the value of his annual Supplies to be made in the next twelve months, in accordance with the requirements provided for in the Agreement. Where the value of these Supplies is expected to exceed the Mandatory Registration Threshold detailed in the Agreement, the Person must apply to the Authority for registration 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 first month in which its annual Supplies made in the Kingdom were expected to exceed the Mandatory Registration Threshold.