Common use of Substantial Transformation - Supplementary Criteria Clause in Contracts

Substantial Transformation - Supplementary Criteria. Upon completion of the work under subparagraph (ii) for each product sector or individual product category where the exclusive use of the HS nomenclature does not allow for the expression of substantial transformation, the Technical Committee: - shall consider and elaborate upon, on the basis of the criterion of substantial transformation, the use, in a supplementary or exclusive manner, of other requirements, including ad valorem percentages4 and/or manufacturing or processing operations5, when developing rules of origin for particular products or a product sector; - may provide explanations for its proposals; - shall divide the above work on a product basis taking into account the chapters or sections of the HS nomenclature, so as to submit results of its work to the Committee at least on a quarterly basis. The Technical Committee shall complete the above work within two years and three months of receipt of the request from the Committee. Role of the Committee

Appears in 4 contracts

Samples: Agreement, Agreement, Agreement

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Substantial Transformation - Supplementary Criteria. Upon completion of the work under subparagraph (ii) for each product sector or individual product category where the exclusive use of the HS nomenclature does not allow for the expression of substantial transformation, the Technical Committee: - shall consider and elaborate upon, on the basis of the criterion of substantial transformation, the use, in a supplementary or exclusive manner, of other requirements, including ad valorem percentages4 and/or manufacturing or processing operations5, when developing rules of origin for particular products or a product sector; - may provide explanations for its proposals; - shall divide the above work on a product basis taking into account the chapters or sections of the HS nomenclature, so as to submit results of its work to the Committee at least on a quarterly basis. The Technical Committee shall complete the above work within two years and three months of receipt of the request from the Committee. Role of the Committee.

Appears in 1 contract

Samples: Agreement

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