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CUSTOMS (KOREAN RULES OF ORIGIN) REGULATION 2014 (SLI NO 161 OF 2014)

- Registered on FRLII: 03 Nov 2014
- Department:Immigration and Border Protection
- Description:This regulation prescribes matters relating to the rules of origin that are required to be prescribed under new Division 1J of Part VIII of the Customs Act 1901.

TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Name  
   2.      Commencement  
   3.      Authority  
   4.      Definitions  

   PART 2--TARIFF CHANGE REQUIREMENT

   5.      Tariff change requirement for non-originating materials  

   PART 3--REGIONAL VALUE CONTENT REQUIREMENT

   6.      Regional value content  
   7.      Build-down method  
   8.      Build-up method  

   PART 4--DETERMINATION OF VALUE

   9.      Value  
   10.     Value of accessories, spare parts or tools  
   11.     Value of packaging material and container  

   PART 5--RECORD KEEPING OBLIGATIONS

   12.     Exportation of goods to Korea--record keeping by exporter who is not the producer of the goods  
   13.     Exportation of goods to Korea--record keeping by the producer of the goods  
           SCHEDULE 1 Product-specific rules of origin


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