Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) For the purposes of subsection 153YD(7) of the Act, the regional value content of goods under the build - up method is worked out using the formula:
"customs value" means the customs value of the goods worked out under Division 2 of Part VIII of the Act.
"value of originating materials" means the value, worked out under Part 4 , of the originating materials that are acquired by the producer, or produced by the producer, and are used by the producer in the production of the goods.
(2) Regional value content must be expressed as a percentage.
