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

 

Select Legislative Instrument No. 161, 2014

I, General the Honourable Sir Peter Cosgrove AK MC (Ret'd), Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation.

Dated 30 October 2014

Peter Cosgrove

Governor-General

By His Excellency's Command

Scott Morrison

Minister for Immigration and Border Protection

 

  

  

  


Contents

Part 1--Preliminary                                                                                                             1

1............ Name................................................................................................... 1

2............ Commencement................................................................................... 1

3............ Authority............................................................................................. 1

4............ Definitions.......................................................................................... 1

Part 2--Tariff change requirement                                                                            3

5............ Tariff change requirement for non-originating materials..................... 3

Part 3--Regional value content requirement                                                        4

6............ Regional value content........................................................................ 4

7............ Build-down method............................................................................ 4

8............ Build-up method................................................................................. 4

Part 4--Determination of value                                                                                    6

9............ Value................................................................................................... 6

10.......... Value of accessories, spare parts or tools............................................ 7

11.......... Value of packaging material and container.......................................... 7

Part 5--Record keeping obligations                                                                           9

12.......... Exportation of goods to Korea--record keeping by exporter who is not the producer of the goods        9

13.......... Exportation of goods to Korea--record keeping by the producer of the goods        10

Schedule 1--Product-specific rules of origin                                   13

Part 1--Interpretation                                                                                                      13

1............ Interpretation..................................................................................... 13

Part 2--Table of product-specific rules of origin                                             14

2............ Table of product-specific rules of origin........................................... 14

 


  



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