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1. Each of the Contracting Parties shall grant temporary admission without payment of import duties and import taxes and free of import prohibitions and restrictions, subject to re-exportation and to the other conditions laid down in this Convention, to vehicles registered in the territory of any of the other Contracting Parties and imported and used in international road traffic for commercial use by undertakings operating from that territory.
2. The Contracting Parties may under the conditions set out in this Convention prescribe that such vehicles shall be covered by temporary importation papers guaranteeing payment of import duties and import taxes or an equivalent sum subject to the special provisions of article 27, paragraph 4, should the vehicles covered by temporary importation papers not be re-exported within the prescribed time limit.
3. Vehicles which are imported with a view to their being hired out after importation shall not be entitled to the benefits of this Convention.