Commonwealth Numbered Regulations Commonwealth Numbered Regulations(1) For the purposes of subsection 153XG(6) of the Act, the regional value content of goods under the build-up method is worked out using the formula:
where:
"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 6, of the originating materials used in the production of the goods.
(2) Regional value content must be expressed as a percentage.
