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TEXTILE, CLOTHING AND FOOTWEAR STRATEGIC INVESTMENT PROGRAM ACT 1999 - SECT 55

International obligations
(1)
In performing a function, or exercising a power, conferred by this Act, the Minister must have regard to Australia's obligations under:

(a)
the Agreement Establishing the World Trade Organization; and

(b)
the Australia New Zealand Closer Economic Relations Trade Agreement; and

(c)
an international agreement specified in the regulations.

(2)
Subsection (1) does not limit the matters to which the Minister may have regard.

(3)
In performing a function, or exercising a power, conferred by the TCF
(SIP)
scheme, the Minister or the Secretary must have regard to Australia's obligations under:

(a)
the Agreement Establishing the World Trade Organization; and

(b)
the Australia New Zealand Closer Economic Relations Trade Agreement; and

(c)
an international agreement specified in the regulations.

(4)
Subsection (3) does not limit the matters to which the Minister or the Secretary may have regard.

(5)
In this section:

"Australia New Zealand Closer Economic Relations Trade Agreement" includes:

(a)
a Protocol relating to that agreement; and

(b)
an instrument under that agreement or under such a Protocol.

"international agreement" means:

(a)
a convention to which Australia is a party; or

(b)
an agreement between Australia and a foreign country.



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