(1) The adequacy decision shall be re-evaluated at least every four years. The adequacy decision in question shall explicitly specify the re-evaluation periods. If, following the re-evaluation, the Board determines that the relevant country, one or more sectors within the country, or the international organisation no longer provides an adequate level of protection, it may amend, suspend, or revoke its decision with prospective effect.

(2) The Board may, without being restricted by the re-evaluation period specified in the first paragraph, review the adequacy decision at any time if it deems it necessary and may amend, suspend, or revoke the decision with prospective effect.

(3) The Board may consult with the competent authorities of the relevant country or international organisation to remedy the circumstances that led to the amendment, suspension, or revocation of the adequacy decision pursuant to first and second paragraphs.

(4) The decisions concerning the amendment, suspension, or revocation of the adequacy decision shall be published in the Official Gazette and on the Authority’s website.