For the purposes of this Regulation the following definitions shall apply:
(a)
‘euro’ means the legal currency of participating Member States as defined in Article 1 of Regulation (EC) No 974/98 and of those participating third countries which have concluded an agreement with the Community on the introduction of the euro (hereinafter referred to as participating third countries);
(b)
‘euro symbol’ means the symbol representing the euro ‘€’ as shown and described in Annex I;
(c)
‘medals and tokens’ means those metallic objects, other than blanks intended for striking coins, which have the appearance and/or technical properties of a coin but are not issued under national or participating third country legislative provisions or other foreign legislative provisions, and which therefore are neither a legal means of payment nor legal tender;
(d)
‘gold’, ‘silver’ and ‘platinum’ mean alloys containing gold, silver and platinum with a millesimal fineness in weight of at least 375, 500 and 850 respectively. This definition shall not concern hallmarking conventions applicable in Member States;
(e)
‘European Technical and Scientific Centre’ (hereinafter referred to as ETSC) means the entity established by the Commission Decision of 29 October 2004;
(f)
‘reference band’ shall have the meaning given to it in Section 1 of Annex II.
Article 2 -
Protective provisions
Subject to Articles 3 and 4, the production and sale of medals and tokens, and their importation and distribution for sale or for other commercial purposes, shall be prohibited in the following circumstances:
(a)
when the terms ‘euro’ or ‘euro cent’ or the euro symbol appear on their surface; or
(b)
when their size is inside the reference band; or
(c)
when any design appearing on the surface of medals and tokens is similar to any of the national obverse designs or to the common reverse face of euro coins, or is identical or similar to the edge design of the two-euro coin.
Article 3 -
Exemptions
1. Medals and tokens bearing the terms ‘euro’ or ‘euro cent’ or the euro symbol without an associated nominal value shall not be prohibited when their size is outside the reference band.
2. Medals and tokens whose size is inside the reference band shall not be prohibited when:
(a)
they are pierced with a hole of over 6 millimetres in the centre, or when their shape is polygonal but not exceeding six edges, provided the condition under point (c)(ii) is respected; or
(b)
they are made of gold or silver or platinum; or
(c)
when they fulfil the following conditions:
(i)
the combinations of diameter and edge height of medals and tokens are consistently outside the ranges defined in each of the cases specified in Section 2 of Annex II; and
(ii)
the combinations of diameter and metal properties of medals and tokens are consistently outside the ranges defined in each of the cases specified in Section 3 of Annex II.
Article 4 -
Derogations by authorisation
1. The Commission may grant specific authorisations to use the terms ‘euro’ or ‘euro cent’ or the euro symbol under controlled conditions of utilisation in cases where no risk of confusion exists. In such cases, the economic operator concerned within a Member State shall be clearly identifiable on the surface of the medal or token and the indication ‘Not legal tender’ must be stamped on the obverse or the reverse of the medal or token.
2. The Commission shall be competent to declare whether a design is ‘similar’ within the meaning of Article 2(c).
Article 5 -
Existing medals and tokens
Medals and tokens issued before the entry into force of this Regulation which do not satisfy the conditions set out in Articles 2, 3 and 4 may continue to be used until the end of the year 2009, at the latest, unless they are capable of being used in place of euro coins. Those medals and tokens shall be recorded, if appropriate, according to the procedures applicable in the Member States and communicated to the ETSC.
Article 6 -
Sanctions
1. Member States shall lay down the rules on sanctions applicable to infringements of the provisions of this Regulation and shall take all measures necessary to ensure that they are implemented. The sanctions provided for must be effective, proportionate and dissuasive.
2. Member States shall adopt by 1 July 2005 the laws, regulations and administrative provisions for applying this Article. They shall forthwith inform the Commission thereof.
Article 7 -
Applicability
This Regulation shall apply in the participating Member States as defined in Regulation (EC) No 974/98.
Article 8 -
Entry into force
This Regulation shall enter into force on the day following its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in the Member States in accordance with the Treaty establishing the European Community.
