Instruction No. 6/2026

Instruction No. 6/2026
BO No. 8/2026 • 2026/08/17
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Topics
Payment Systems :: Large Payment System
Mod. 99999940/T – 01/14
Index
Text of the Instruction
Text of the Instruction
Subject: TARGET-PT Regulation
Following the publication of European Central Bank Guidance (EU) 2026/1473 of 4 May 2026 amending Guidance (EU) 2022/912 on a new generation pan-European real-time gross settlement automated transfer system (TARGET) (ECB/2022/8) (ECB/2026/11), it is necessary to amend Bank of Portugal Instruction No. 16/2022 of 17 October 2022, which implements ECB Guidance ECB/2022/8 in the domestic legal order.

Following the decision of 11 June 2021, where the ECB Council decided that the functionality of the TARGET instant payment settlement service (TIPS) for settlement in different currencies (inter-division) is consistent with the Eurosystem's strategic objectives, TIPS will allow, from 14 November 2026, the sending and receiving of payments by or to TIPS participants who adhere to the SEPA One-Leg Out Instant Credit Transfer (OCT Inst) mechanism of the European Payments Council (EPC).

This amendment also introduces, from 25 June 2026, a facility that will allow participants to better manage their liquidity, making automatic liquidity transfers possible between a participant's main cash accounts (MCA) and its dedicated TIPS cash accounts (DCA TIPS), in the event of non-compliance with a minimum or maximum limit set by the participant.

The fees applicable to holders of dedicated cash accounts for real-time gross settlement (DCA RTGS) are also amended, effective from 1 July 2026.

It is also necessary to clarify the eligibility regime applicable to candidates subject to restrictive measures adopted by the Council of the European Union or by Member States under Article 65(1)(b), Article 75, or Article 215 of the Treaty on the Functioning of the European Union, with effects comparable to situations of near-insolvency, ensuring proportional treatment of such candidates and limiting, for this purpose, the discretionary power of the TARGET component operator.

Thus, exercising the competence attributed to it by Article 14 of its Organic Law, which confers powers to regulate, supervise and promote the proper functioning of payment systems,

Instruction No. 6/2026 BO No. 8/2026 • 2026/08/17 Topics Payment Systems :: Large Payment System
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Mod. 99999940/T – 01/14 specifically within the framework of its participation in the European System of Central Banks (ESCB), and with a view to regulating the functioning of the national component of the TARGET system – TARGET-PT, the Bank of Portugal determines the following:

1. In Bank of Portugal Instruction No. 16/2022 of 17 October, Article 2 is amended as follows:
   a) Subparagraph 28-A) is inserted:
   “28-A) ‘SEPA One-Leg Out Instant Credit Transfer (OCT Inst) mechanism of the European Payments Council’ or ‘OCT Inst mechanism’.” b) Point 63-A) is deleted.

2. In Annex I of Bank of Portugal Instruction No. 16/2022 of 17 October, Part I is amended as follows:
   a) Article 4(1) shall read as follows:
   “1. The following types of entities are eligible to become participants in TARGET-PT upon application:
   a) Credit institutions established in the Union or in the EEA, even when operating through a branch established in the Union or in the EEA; b) Credit institutions established outside the EEA, provided they operate through a branch established in the Union or in the EEA; c) The NCBs of Member States and the ECB; provided that the entities referred to in points (a) and (b) are not subject to restrictive measures adopted by the Council of the European Union or by any Member State under Article 65(1)(b), Article 75 or Article 215 of the Treaty having the effect of suspending or imposing limitations on transfers or payments to or from that entity similar to suspensions or limitations in insolvency proceedings.” b) Article 5(1)(f) shall read as follows:
   “f) If it is a candidate for a DCA TIPS, it must have adhered to the SEPA instant credit transfer mechanism by signing the SEPA Instant Credit Transfer Adherence Agreement and, if applicable, must have adhered to the One-Leg Out Instant Credit Transfer mechanism (OCT Inst mechanism) by signing the One-leg Out Instant Credit Transfer Adherence Agreement.” c) Article 5(1)(g) shall read as follows:

Instruction No. 6/2026 BO No. 8/2026 • 2026/08/17 Topics Payment Systems :: Large Payment System
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Mod. 99999940/T – 01/14
“g) If it is a candidate for a TIPS SP technical account, it must have provided evidence that it has submitted to the European Payments Council (EPC) an information letter demonstrating its intention to be a Clearing and Settlement Mechanism (CSM) that meets the requirements of the SEPA instant credit transfer mechanism and, if relevant, to be a CSM that meets the requirements of the OCT Inst mechanism.” d) Article 5(2)(c) shall read as follows:
“c) If it is a candidate for a DCA TIPS, evidence of adherence to the SEPA instant credit transfer mechanism by signing the SEPA Instant Credit Transfer Adherence Agreement and, if applicable, evidence of adherence to the OCT Inst mechanism by signing the One-leg Out Instant Credit Transfer Adherence Agreement.” e) Article 5(2)(d) shall read as follows:
“d) If the candidate requests the use of the TIPS SP settlement procedure, evidence that it has submitted to the European Payments Council an information letter demonstrating its intention to be a CSM in compliance with the SEPA instant credit transfer mechanism and, if applicable, a CSM in compliance with the OCT Inst mechanism.” f) Article 15(2) shall read as follows:
“2. The participant may opt to receive a notification in the event of non-compliance with the minimum or maximum amount. Furthermore, with regard to MCAs, DCA RTGS or DCA TIPS, the participant may opt for non-compliance to trigger a rule-based liquidity transfer order.” g) Article 18(1)(b) shall read as follows:
“b) Immediate payment orders are considered introduced in TARGET-PT and irrevocable at the moment the necessary funds are reserved in the participant's DCA TIPS account or its respective TIPS SP technical account.” h) Article 27(4)(b) shall read as follows:
“b) Any other situation of non-compliance or situation referred to in Article 25(2) that has led to the cancellation or suspension of the participant's membership, and notwithstanding the opening of insolvency proceedings against a participant and despite any alleged assignment, judicial or extrajudicial attachment or other provision regarding the participant's rights,”

3. In Annex I of Instruction No. 16/2022 of 17 October, Part II is amended as follows:
   a) Article 6(4) shall read as follows:

Instruction No. 6/2026 BO No. 8/2026 • 2026/08/17 Topics Payment Systems :: Large Payment System
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Mod. 99999940/T – 01/14
“4. The holder of an MCA may authorize it to be debited in the event of non-compliance with the minimum limit in one or more DCA RTGS, DCA TIPS or MCAs specified in the same liquidity transfer group in TARGET-PT or in another TARGET component system. By authorizing the debit of its account, the MCA holder gives instructions to the Bank of Portugal to execute a rule-based liquidity transfer order by which the DCA RTGS, DCA TIPS or MCAs are credited whenever the minimum limit is not met.” b) Article 11 shall read as follows:
“Article 11
Eligible collateral assets for credit
Intraday credit and access to the CCP credit facility must be based on eligible collateral assets. Identical assets eligible for Eurosystem monetary policy operations are eligible as collateral, subject to the same valuation and risk control rules established in the Bank of Portugal Instructions regarding the implementation of Eurosystem monetary policy.”

4. In Annex I of Instruction No. 16/2022 of 17 October, Part V is amended as follows:
a) Article 1(3) shall read as follows:
“3. The holder of a DCA TIPS must inform the Bank of Portugal before exercising its option to accept immediate payment orders in accordance with the OCT Inst mechanism.” b) Article 3(1), (2) and (3) shall read as follows:
“1. The holder of a DCA TIPS may designate one or more contactable parties and must inform the Bank of Portugal if any of these contactable parties accepts immediate payment orders in accordance with the OCT Inst mechanism. Contactable parties must have adhered to the SEPA instant credit transfer mechanism by subscribing to the SEPA Instant Credit Transfer Adherence Agreement and, if applicable, to the OCT Inst mechanism by subscribing to the One-Leg Out Instant Credit Transfer Adherence Agreement.
2. Holders of DCA TIPS must provide evidence to the Bank of Portugal of adherence to the SEPA instant credit transfer mechanism by each designated contactable party and, if applicable, to the OCT Inst mechanism.
3. Holders of DCA TIPS must inform the Bank of Portugal if any designated contactable party ceases to adhere to the SEPA instant credit transfer mechanism and/or, if applicable, to the OCT Inst mechanism, and take, without unjustified delay, measures to prevent the same from accessing the DCA TIPS.”

Instruction No. 6/2026 BO No. 8/2026 • 2026/08/17 Topics Payment Systems :: Large Payment System
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Mod. 99999940/T – 01/14 c) Article 4(1)(a-A) is deleted. d) Article 6(3) shall read as follows:
“3. After acceptance of an immediate payment order under Part I, Article 17, TARGET-PT must verify if sufficient funds are available in the payer's DCA TIPS to effect settlement and the following shall apply:
a) If sufficient funds are not available, the immediate payment order must be rejected; b) If sufficient funds are available, the corresponding amount must be reserved while awaiting the beneficiary's response. In the event of acceptance by the beneficiary of an immediate payment order, the order must be settled and the reservation must be simultaneously lifted. In the event of rejection by the beneficiary of an immediate payment order, or of absence of a timely response, within the meaning of the SEPA instant credit transfer mechanism or the OCT Inst mechanism, the immediate payment order must be cancelled and the reservation must be simultaneously lifted.” e) Article 6(5) shall read as follows:
“5. Without prejudice to the provisions of paragraph 3(b), the Bank of Portugal must reject an immediate payment order if the amount of the immediate payment order exceeds the applicable credit memorandum balance (CMB).” f) Article 7-A is inserted:
“Article 7-A
Rule-based liquidity transfer orders

1. The holder of a DCA TIPS may specify a minimum and a maximum amount for its respective DCA TIPS.
2. By setting a maximum amount and opting for a rule-based liquidity transfer order, if, following the settlement of an immediate payment order, a positive response to a revocation request or a liquidity transfer order, the maximum amount is not met, the holder of the DCA TIPS gives instructions to the Bank of Portugal to execute a rule-based liquidity transfer order that credits an MCA designated by that DCA TIPS holder. The credited MCA may belong to another participant in TARGET-PT or to another TARGET component system.
3. By setting a minimum amount and opting for a rule-based liquidity transfer order, if, following the settlement of an immediate payment order, a positive response to a revocation request or a liquidity transfer order, the minimum amount is not met, a rule-based liquidity transfer order is issued that debits an MCA authorized by the MCA holder. The debited MCA may belong to another participant in TARGET-PT or to another TARGET component system. The holder of the debited MCA must authorize that its MCA be debited in this manner.”
   g) Article 8(1) shall read as follows:

Instruction No. 6/2026 BO No. 8/2026 • 2026/08/17 Topics Payment Systems :: Large Payment System
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Mod. 99999940/T – 01/14
“1. The TIPS directory is a list of BICs used for routing information and includes the BICs of:
a) Holders of DCA TIPS; b) Contactable parties.
The TIPS directory must include, for each BIC, information on whether the holder of a DCA TIPS or the contactable party accepts immediate payment orders in accordance with the OCT Inst mechanism.” h) Article 10(4) shall read as follows:
“4. The Bank of Portugal must process immediate payment orders from a holder of a DCA TIPS whose participation in TARGET-PT was suspended or cancelled under Part I, Article 25(1) or (2), and with respect to which the Bank of Portugal has reserved funds in a DCA TIPS, under Article 6(3)(b), before the suspension or cancellation.”

5. In Annex I of Instruction No. 16/2022 of 17 October, Part VII is amended as follows:
   a) Article 1(1) shall read as follows:
   “1. The Bank of Portugal may, at the request of an SP that settles immediate payments in accordance with the SEPA instant credit transfer mechanism and, if applicable, the OCT Inst mechanism and, if applicable, near-instant payments in its own records, open and operate one or more TIPS SP technical accounts. If the holder of a TIPS SP technical account exercises its option to accept immediate payment orders in accordance with the OCT Inst mechanism, it must inform the Bank of Portugal of this fact.” b) Article 1(5) and (6) shall read as follows:
   “5. A peripheral system may send immediate payment orders and positive responses to revocation requests to any holder of a DCA TIPS or any holder of a TIPS SP technical account, and may send immediate payment orders in accordance with the OCT Inst mechanism to any holder of a DCA TIPS or TIPS SP technical account that has opted to receive them.
6. The peripheral system must receive and process immediate payment orders, revocation requests and positive responses to revocation requests from any holder of a DCA TIPS or any holder of a TIPS SP technical account. If it has informed the Bank of Portugal

Instruction No. 6/2026 BO No. 8/2026 • 2026/08/17 Topics Payment Systems :: Large Payment System
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Mod. 99999940/T – 01/14 of the exercise of its option under paragraph 1, it must accept immediate payment orders in accordance with the OCT Inst mechanism from any holder of a DCA TIPS or any holder of a TIPS SP technical account that has opted to send them.” c) Article 4(3) shall read as follows:
“3. After acceptance of an immediate payment order under Part I, Article 17(1), the Bank of Portugal must verify if sufficient funds are available in the payer's TIPS SP technical account to effect settlement and the following shall apply:
a) If sufficient funds are not available, the immediate payment order must be rejected; b) If sufficient funds are available, the corresponding amount must be reserved while awaiting the beneficiary's response. In the event of acceptance by the beneficiary of an immediate payment order, the order must be settled and the reservation must be simultaneously lifted. In the event of rejection by the beneficiary of an immediate payment order, or of absence of a timely response, within the meaning of the SEPA instant credit transfer mechanism or the OCT Inst mechanism, the immediate payment order must be cancelled and the reservation must be simultaneously lifted.” d) Article 4(5) shall read as follows:
“5. Without prejudice to the provisions of paragraph 3(b), the Bank of Portugal must reject an immediate payment order if the amount of the immediate payment order exceeds the applicable credit memorandum balance (CMB).” e) Article 5(2) shall read as follows:
“2. The revocation request must be forwarded to the beneficiary of the settled immediate payment order, who may respond by means of a positive response or a negative response to the revocation request.” f) Article 7(1) shall read as follows:
“1. The holder of a TIPS SP technical account may designate one or more contactable parties. Contactable parties must have adhered to the SEPA instant credit transfer mechanism by subscribing to the SEPA Instant Credit Transfer Adherence Agreement and, if applicable, to the OCT Inst mechanism by subscribing to the One-Leg Out Instant Credit Transfer Adherence Agreement, and, if they are addressable in TARGET as holders of DCA RTGS, as addressable BIC holders or as entities referred to in Part III, Article 3(1)(a) that have been authorized to use a DCA RTGS through a multiple recipient access, must be holders of a DCA TIPS or be contactable through a DCA TIPS.”

Instruction No. 6/2026 BO No. 8/2026 • 2026/08/17 Topics Payment Systems :: Large Payment System
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Mod. 99999940/T – 01/14 g) Article 7(2) shall read as follows:
“2. Holders of TIPS SP technical accounts must provide proof to the Bank of Portugal of adherence to the SEPA instant credit transfer mechanism by each designated contactable party and, if applicable, to the OCT Inst mechanism.” h) The following paragraph 3-A is inserted in Article 7:
“3-A. The holder of a TIPS SP technical account must inform the Bank of Portugal if any designated contactable party ceases to adhere to the OCT Inst mechanism.” i) Article 8(1)(d) is deleted; j) Article 9(1) shall read as follows:
“1. The TIPS directory is a list of BICs used for routing information and includes the BICs of:
a) Holders of DCA TIPS; b) Contactable parties.
The TIPS directory must include, for each BIC, information on whether the holder of a DCA TIPS or the contactable party accepts immediate payment orders in accordance with the OCT Inst mechanism.” k) Article 11(4) shall read as follows:
“4. The Bank of Portugal processes immediate payment orders from a holder of a TIPS SP technical account whose participation in TARGET-PT was suspended or cancelled under Part I, Article 25(1) or (2), and with respect to which the Bank of Portugal has reserved funds in a TIPS SP technical account, under Article 4(3)(b), before the suspension or cancellation.” l) Article 12(1) shall read as follows:
“1. Holders of TIPS SP technical accounts may use the message broadcasting function offered by TIPS, which allows a holder of a DCA TIPS or a holder of a TIPS SP technical account to send a message to all other holders of DCA TIPS and holders of TIPS SP technical accounts, in order to send broadcast messages of the following categories:
a) ‘Immediate unavailability start’; b) ‘Immediate unavailability end’; c) ‘Planned unavailability period.’”

6. In Annex I of Instruction No. 16/2022 of 17 October, Appendix I is amended as follows:

Instruction No. 6/2026 BO No. 8/2026 • 2026/08/17 Topics Payment Systems :: Large-Value Payment System
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Mod. 99999940/T – 01/14

a) In section 4, letter d), the table is replaced by the following text:

Message Type	Description
Payment Clearing and Settlement (pacs)
pacs.002	FIToFIPayment Status Report
pacs.004	PaymentReturn
pacs.008	FIToFICustomerCreditTransfer
pacs.028	FIToFIPaymentStatusRequest
Cash Management (camt)
camt.003	GetAccount
camt.004	ReturnAccount
camt.011	ModifyLimit
camt.019	ReturnBusinessDayInformation
camt.025	Receipt
camt.027	ClaimNonReceipt
camt.029	ResolutionOfInvestigation
camt.050	LiquidityCreditTransfer
camt.052	BankToCustomerAccountReport
camt.053	BankToCustomerStatement
camt.054	BankToCustomerDebitCreditNotification
camt.056	FIToFIPaymentCancellationRequest
acmt.010	AccountRequestAcknowledgement
acmt.011	AccountRequestRejection
acmt.015	AccountExcludedMandateMaintenanceRequest
admi.004	SystemEventNotification
Reference Data (reda)
reda.016	PartyStatusAdviceV01
reda.022	PartyModificationRequestV01

b) In section 4, letter e) is replaced by the following text:

“e) For immediate payment orders in accordance with the ACT Inst mechanism, the following additional message subtypes are used:

Message Type	Description
pacs.002.001.03	FIToFIPayment Status Report
pacs.008.001.08	FIToFICustomerCreditTransfer
pacs.028.001.03	FIToFIPaymentStatusRequest

Messages related to immediate payment orders in accordance with the OCT Inst mechanism will be identified with the suffix XCY in the message exchange protocol.”

c) In section 6, the last unnumbered paragraph is replaced by the following text:

“If an immediate payment order or a positive response to a revocation request is rejected for any reason, the holder of a TIPS CND receives a payment status report message (pacs.002), as described in chapter 4.2 of the TIPS UDFS. If a liquidity transfer order is rejected for any reason, the holder of a TIPS CND receives a rejection message (camt.025) as described in chapter 1.6 of the TIPS UDFS.”

7. In Annex I of Instruction No. 16/2022, of October 17, Appendix VI is amended as follows:

a) In section 3, No. 1, the introductory text is replaced by the following:

“1. Until June 30, 2026, holders of LBTR CNDs must choose one of the following two pricing options:”;

b) In section 3, the following No. 1-A is inserted:

“1-A. From July 1, 2026, holders of LBTR CNDs must choose one of the following two pricing options:

a) A monthly fee, plus a fixed transaction fee per payment order (direct debit);

Monthly Fee	Transaction Fee per Payment Order
400 EUR	0.80 EUR

b) A monthly fee, plus a transaction fee based on the volume of payment orders (direct debit) and calculated on a cumulative basis, as established in the following table. In the case of participants included in a billing group, the monthly direct debit payment orders of all participants must be aggregated.

Monthly Fee	Monthly Volume of Payment Orders	Band	From	To	Transaction Fee per Payment Order
5,000 EUR		1	1	10,000	0.60
		2	10,001	35,000	0.50
		3	35,001	80,000	0.40
		4	80,001	135,000	0.20
		5	135,001	200,000	0.125
		6	200,001	300,000	0.08
		7	Above 300,000		0.05

a) In section 6, letter c) is replaced by the following text:

“c) For each immediate payment order or positive response to a revocation request accepted by the Bank of Portugal under Part I, Article 17, a fee of 0.001 EUR is charged to both the holder of the TIPS CND to be debited and the holder of the TIPS CND or the TIPS SP technical account to be credited, regardless of whether the immediate payment order or the positive response to the revocation request is settled or not.”;

b) In section 7, letter c) is replaced by the following text:

“c) For each immediate payment order or positive response to a revocation request accepted by the Bank of Portugal under Part I, Article 17, a fee of 0.001 EUR is charged to both the holder of the TIPS SP technical account to be debited and the holder of the TIPS SP technical account or the TIPS CND to be credited, regardless of whether the immediate payment order or the positive response to the revocation request is settled or not.”

8. Annex III of Instruction No. 16/2022, of October 17, is amended as follows:

a) Point 16) is replaced by the following text:

“16) ‘Cash transfer order’: any instruction given by a participant or by a party acting on their behalf to make funds available to a beneficiary by means of an accounting entry in another account and which may take the form of a peripheral system transfer order, a liquidity transfer order, an immediate payment order, a positive response to a revocation request, or a payment order.”;

b) The following point 28-A is added:

“28-A) ‘SEPA One-Leg Out Instant Credit Transfer (OCT Inst) mechanism of the Payments Council’ or ‘OCT Inst mechanism’, an open standards system that provides a set of rules, standards and interbank practices to be complied with by participants in the OCT Inst mechanism, enabling payment service providers in the Single Euro Payments Area (SEPA) to achieve interoperability for the provision and operation of the euro component of an international instant credit transfer.”;

c) Point 33) is replaced by the following text:

“33) ‘Immediate payment order’, in the context of the SEPA Instant Credit Transfer scheme (SCT Inst) or the One-Leg Out Instant Credit Transfer (OCT Inst) mechanism of the Payments Council, a cash transfer order that can be executed 24 hours a day, on any day of the year, with immediate or near-immediate settlement and notification to the payer, and which includes: i) immediate payment orders from TIPS CND to TIPS CND, ii) immediate payment orders from TIPS CND to TIPS SP technical account, iii) immediate payment orders from TIPS SP technical account to TIPS CND and iv) immediate payment orders from TIPS SP technical account to TIPS SP technical account.”;

d) Point 34) is replaced by the following text:

“34) ‘Instructing party’: an entity that has been designated as such by a holder of a TIPS CND or a holder of a TIPS SP technical account and to which it is permitted to submit immediate payment orders, liquidity transfer orders and/or receive immediate payment orders, liquidity transfer orders on behalf of that account holder or a contactable party thereof.”;

e) Point 42) is replaced by the following text:

“42) ‘Near instant payment’: a cash transfer order that complies with the Dutch standard applicable to the instant processing of SEPA credit transfers (NL Standard for instant processing of SEPA credit transfers) or the SEPA One-Leg Out Instant Credit Transfer (OCT Inst) mechanism of the Payments Council.”;

f) Point 48) is replaced by the following text:

“48) ‘Payment order’: an instruction from a participant or from a party acting on their behalf to place a certain monetary amount from an account at the disposal of a recipient by means of an accounting entry in another account and which is not a SP transfer order, a liquidity transfer order, an immediate payment order, or a positive response to a revocation request.”;

g) Point 55) is replaced by the following text:

“55) ‘Rule-based liquidity transfer order’: a liquidity transfer order triggered as a result of: a) the balance of a CNP or an LBTR CND or a TIPS CND not meeting a predefined minimum or maximum limit; or b) insufficient funds available to cover orders waiting in queue in an LBTR CND that are urgent payment orders, SP transfer orders or high-priority payment orders.”;

h) Point 63-A) is deleted.

9. Number 1 of Article 30, of Part I, of Annex I of Instruction No. 16/2022, of October 17, is amended as follows:

“1. Unless otherwise provided by these Conditions, all notices or notifications required or permitted by virtue thereof shall be sent by registered mail, or other electronically agreed bilateral means, or by any other written means. Notifications to the Bank of Portugal are sent to the Direction of the Payment Systems Department (DPG) of the Bank of Portugal, via the email address target@bportugal.pt or to Avenida Álvaro Pais, 2, 1600-007 Lisbon, or addressed to the BIC address of the Bank of Portugal BGALPTTGXXX. Notices and notifications intended for participants shall be sent to their address, or by other electronically agreed bilateral means, or to the BIC address that the participant has communicated to the Bank of Portugal.”

10. The regulatory standards contained in this Instruction shall be applicable:

a) From June 15, 2026, with respect to Article 4(1), Article 15(2), and Article 27(4)(b) of Part I of Annex I; to Article 6(4) and Article 11 of Part II of Annex I; to Article 7-A of Part V of Annex I; to Article 12(1) of Part VII of Annex I; to Section 3, paragraphs 1 and 1-A, of Appendix VI of Annex I; to point 55 of Annex III to Guideline (EU) 2022/912;

b) From November 14, 2026, with respect to Article 2; Article 5(1)(f) and (g), Article 5(2)(c) and (d), and Article 18(1)(b) of Part I of Annex I; to Article 1(3), Article 3(1), (2) and (3), Article 4(1)(a-A), Article 6(3) and (5), Article 8(1), and Article 10(4) of Part V of Annex I; to Article 1(1), (5) and (6), Article 4(3) and (5), Article 5(2), Article 7(1), (2) and (3-A), Article 8(1)(d), Article 9(1), and Article 11(4) of Part VII of Annex I; to Section 4, letters d) and e), and Section 6, last paragraph of Appendix I of Annex I; to Section 6, paragraph c), and Section 7, paragraph c), of Appendix VI of Annex I; and to points 16, 28-A, 33, 34, 42, 48 and 63-A of Annex III.

c) From June 15, 2026 with respect to Article 9 of this Instruction.