Artikel 2

1. Each Contracting Party shall grant admission, without payment of import duties and import taxes, and free of import prohibitions or restrictions, to pallets on condition
(a) that they have been previously exported or that they will be subsequently re-exported, or
(b) that an equal number of pallets of the same type and substantially the same value have been previously exported or will be subsequently exported.
2. Subject to the provisions of article 3 of the present Convention, the procedure for the admission of pallets as provided for in paragraph 1 of this article shall be determined by the regulations of each of the Contracting Parties. These regulations, in particular, may include provisions for preventing the permanent importation, free of import duties and import taxes, of a number of pallets greater than the number exported or to be exported.
3. Each Contracting Party shall endeavour to make the formalities as simple as possible and in particular not to require a security in respect of import duties and import taxes.