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art_19__para_8__text_1

MAR

Paragraph 1 shall apply to any subsequent transaction once a total amount of EUR 5000 has been reached within a calendar year. The threshold of EUR 5000 shall be calculated by adding without netting all transactions referred to in paragraph 1.

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.