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CUSTOMS (KOREAN RULES OF ORIGIN) REGULATION 2014 (SLI NO 161 OF 2014) - RULE 5

Tariff change requirement for non-originating materials

             (1)  For subsection 153ZME(2) of the Act, each non-originating material used in the production of the goods must satisfy the change in tariff classification mentioned in column 3 of the table in Schedule 1 to this instrument next to the heading or sub-heading that applies to the goods.

             (2)  For subsection 153ZME(3) of the Act, a non-originating material that does not satisfy the change in tariff classification mentioned in subsection (1) is taken to satisfy the change in tariff classification if:

                     (a)  it was produced entirely in the territory of Korea, or entirely in the territory of Korea and the territory of Australia, from other non-originating materials; and

                     (b)  each of those materials satisfies the change in tariff classification mentioned in subsection (1), including by one or more applications of this subsection.

   



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