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1. This exemption shall be granted in the territory of each Contracting Party so long as the conditions laid down in the Customs regulations in force in that territory for the temporary admission, without payment, of import duties and import taxes of vehicles covered by article 2 are fulfilled.
2. Nevertheless, each Contracting Party may limit the duration of this exemption to three hundred and sixty-five consecutive days, even if the vehicle is temporarily admitted without payment of import duties and import taxes for a longer period.