Transition Day will occur 8 years from Adoption Day or upon a report from the Director General of the IAEA to the IAEA Board of Governors and in parallel to the UN Security Council stating that the IAEA has reached the Broader Conclusion that all nuclear material in Iran remains in peaceful activities. The European Union will terminate and suspend certain provisions related to ballistic missiles restrictions and remove individuals and entities from Annexes VIII and IX to Council Regulation (EU) 267/2012.