Common use of Accounting segregation Clause in Contracts

Accounting segregation. 1. For the purpose of establishing if a product is originating when in its manufacture are utilized originating and non-originating fungible materials, mixed or physically combined, the origin of such materials can be determined by any of the inventory management methods applicable in the Signatory Party. 2. Where considerable cost or material difficulties arise in keeping separate stocks of originating and non-originating materials which are identical and interchangeable, the competent governmental authorities may, at the written request of those concerned, authorize the so-called "accounting segregation" method to be used for managing such stocks. 3. This method must be able to ensure that the number of products obtained which could be considered as "originating" is the same as that which would have been obtained if there had been physical segregation of the stocks. 4. The competent governmental authorities may grant such authorizations, subject to any conditions deemed appropriate. 5. This method is recorded and applied on the basis of the general accounting principles applicable in the country where the product was manufactured. 6. The beneficiary of this facilitation may issue or apply for proofs of origin, as the case may be, for the quantity of products which may be considered as originating. At the request of the competent governmental authorities, the beneficiary shall provide a statement of how the quantities have been managed. 7. The competent governmental authorities shall monitor the use made of the authorization and may withdraw it at any time whenever the beneficiary makes improper use of the authorization in any manner whatsoever or fails to fulfil any of the other conditions laid down in this Chapter.

Accounting segregation. 1. For the purpose of establishing if a product is originating when in its manufacture are utilized originating and non-originating fungible materials, mixed or physically combined, the origin of such materials can be determined by any of the inventory management methods applicable in the Signatory Party. 2. Where considerable cost or material difficulties arise in keeping separate stocks of originating and non-originating materials which are identical and interchangeable, the competent governmental customs authorities may, at the written request of those concerned, authorize authorise the so-called "accounting segregation" method to be used for managing such stocks. 32. This method must be able to ensure that that, for a specific reference-period, the number of products obtained which could be considered as "originating" is the same as that which would have been obtained if there had been physical segregation of the stocks. 43. The competent governmental customs authorities may grant such authorizationsauthorisation, subject to any conditions deemed appropriate. 54. This method is recorded and applied on the basis of the general accounting principles applicable in the country where the product was manufactured. 65. The beneficiary of this facilitation may issue or apply for proofs of origin, as the case may be, for the quantity of products which may be considered as originating. At the request of the competent governmental customs authorities, the beneficiary shall provide a statement of how the quantities have been managed. 76. The competent governmental customs authorities shall monitor the use made of the authorization authorisation and may withdraw it at any time whenever the beneficiary makes improper use of the authorization authorisation in any manner whatsoever or fails to fulfil any of the other conditions laid down in this ChapterProtocol.

Accounting segregation. 1. For the purpose of establishing if a product is originating when in its manufacture are utilized originating and non-originating fungible materials, mixed or physically combined, the origin of such materials can be determined by any of the inventory management methods applicable in the Signatory Party. 2. Where considerable cost or material difficulties arise in keeping separate stocks of originating and non-originating materials which are identical and interchangeable, the competent governmental customs authorities may, at the written request of those concerned, authorize authorise the so-called "'accounting segregation" ' method to be used for managing such stocks. 32. This method must be able to ensure that that, for a specific reference-period, the number of products obtained which could be considered as "'originating" ' is the same as that which would have been obtained if there had been physical segregation of the stocks. 43. The competent governmental customs authorities may grant such authorizationsauthorisation, subject to any conditions deemed appropriate. 54. This method is recorded and applied on the basis of the general accounting principles applicable in the country where the product was manufactured. 65. The beneficiary of this facilitation may issue make out or apply for proofs of origin, as the case may be, for the quantity of products which may be considered as originating. At the request of the competent governmental customs authorities, the beneficiary shall provide a statement of how the quantities have been managed. 76. The competent governmental customs authorities shall monitor the use made of the authorization authorisation and may withdraw it at any time whenever the beneficiary makes improper use of the authorization authorisation in any manner whatsoever or fails to fulfil any of the other conditions laid down in this ChapterProtocol.

Accounting segregation. 1. For the purpose of establishing if a product is originating when in its manufacture are utilized originating and non-originating fungible materials, mixed or physically combined, the origin of such materials can be determined by any of the inventory management methods applicable in the Signatory Party. 2. Where considerable cost or material difficulties arise in keeping separate stocks of originating and non-originating materials which are identical and interchangeable, the competent governmental authorities may, at the written request of those concerned, authorize the so-called "accounting segregation" method to be used for managing such stocks. 3. This method must be able to ensure that the number of products obtained which could be considered as "originating" is the same as that which would have been obtained if there had been physical segregation of the stocks. 4. The competent governmental authorities may grant such authorizations, subject to any conditions deemed appropriate. 5. This method is recorded and applied on the basis of the general accounting principles applicable in the country where the product was manufactured. 6. The beneficiary of this facilitation may issue or apply for proofs of origin, as the case may be, for the quantity of products which may be considered as originating. At the request of the competent governmental authorities, the beneficiary shall provide a statement of how the quantities have been managed. 7. The competent governmental authorities shall monitor the use made of the authorization and may withdraw it at any time whenever the beneficiary makes improper use of the authorization in any manner whatsoever or fails to fulfil any of the other conditions laid down in this Chapter.

Accounting segregation. 1. For the purpose of establishing if a product is originating when in its manufacture are utilized originating and non-originating fungible materials, mixed or physically combined, the origin of such materials can be determined by any of the inventory management methods applicable in the Signatory Party. 2. Where considerable cost or material difficulties arise in keeping separate stocks of originating and non-originating materials which are identical and interchangeable, the competent governmental customs authorities may, at the written request of those concerned, authorize authorise the so-so- called "accounting segregation" method to be used for managing such stocks. 32. This method must be able to ensure that that, for a specific reference-period, the number of products obtained which could be considered as "“originating" ” is the same as that which would have been obtained if there had been physical segregation of the stocks. 43. The competent governmental customs authorities may grant such authorizationsauthorisation, subject to any conditions deemed appropriate. 54. This method is recorded and applied on the basis of the general accounting principles applicable in the country where the product was manufactured. 65. The beneficiary of this facilitation may issue or apply for proofs of origin, as the case may be, for the quantity of products which may be considered as originating. At the request of the competent governmental customs authorities, the beneficiary shall provide a statement of how the quantities have been managed. 76. The competent governmental customs authorities shall monitor the use made of the authorization and may withdraw it at any time whenever the beneficiary makes improper use of the authorization in any manner whatsoever or fails to fulfil any of the other conditions laid down in this ChapterProtocol.

Accounting segregation. 1. For the purpose of establishing if a product is originating when in its manufacture are utilized originating and non-originating fungible materials, mixed or physically combined, the origin of such materials can be determined by any of the inventory management methods applicable in the Signatory Party. 2. Where considerable cost or material difficulties arise in keeping separate stocks of originating and non-originating materials which are identical and interchangeable, the competent governmental customs authorities may, at the written request of those concerned, authorize authorise the so-called "accounting segregation" method to be used for managing such stocks. 32. This method must be able to ensure that that, for a specific reference-period, the number of products obtained which could be considered as "originating" originating is the same as that which would have been obtained if there had been physical segregation of the stocks.stocks.‌ 43. The competent governmental customs authorities may grant such authorizationsauthorisation, subject to any conditions deemed appropriate. 54. This method is recorded and applied on the basis of the general accounting principles applicable in the country where the product was manufactured. 65. The beneficiary of this facilitation may issue or apply for proofs of origin, as the case may be, for the quantity of products which may be considered as originating. At the request of the competent governmental customs authorities, the beneficiary shall provide a statement of how the quantities have been managed. 76. The competent governmental customs authorities shall monitor the use made of the authorization authorisation and may withdraw it at any time whenever the beneficiary makes improper use of the authorization authorisation in any manner whatsoever or fails to fulfil any of the other conditions laid down in this ChapterProtocol.