1. Non-Community goods intended to be put on the Community market or intended for private use or consumption within the Community shall be placed under release for free circulation.
2. Release for free circulation shall entail the following:
the collection of any import duties due;
the collection, as appropriate, of other charges, as provided for under relevant provisions in force relating to the collection of those charges;
the application of commercial policy measures and prohibitions and restrictions insofar as they do not have to be applied at an earlier stage;
completion of the other formalities laid down in respect of the importation of the goods.
3. Release for free circulation shall confer on non-Community goods the customs status of Community goods.