Definition
If a Member State applies an exemption pursuant to
Article 32, it shall, by 13 January 2018, notify the Commission of its
decision accordingly and it shall notify the Commission forthwith of any
subsequent change. In addition, the Member State shall inform the
Commission of the number of natural and legal persons concerned and, on
an annual basis, of the total value of payment transactions executed as
of 31 December of each calendar year, as referred to in point (a) of
Article 32(1).
Source law
TITLE II, CHAPTER 1, Section 4, Article 34