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10.—(1) For the purpose of paragraphs 12(4), 13(5), 17(4)(a) and 18(5)(a) of Schedule 5 to the Act, the TRA must determine a provisional safeguarding remedy or definitive safeguarding remedy (a “relevant remedy”) in accordance with this Part.
(2) The TRA must determine the relevant remedy which it is satisfied is necessary to prevent or remove serious injury to UK producers of the like goods and directly competitive goods based on an assessment of the minimum increase in average import prices of the goods concerned that would prevent or remove serious injury.
(3) In making that assessment, where relevant, the TRA must have regard to—
(a)the weighted average price of the goods concerned imported into the United Kingdom; and
(b)an assessment of the prices in the United Kingdom that UK producers of the like goods and directly competitive goods could have expected to achieve under normal conditions of competition in the absence of the importation of the goods concerned in increased quantities into the United Kingdom.
(4) Where the TRA determines that it is appropriate to recommend the imposition of a provisional tariff rate quota or tariff rate quota, in determining the level at which such tariff rate quota should be set, it must consider the desirability of maintaining, as far as possible, traditional trade flows.
(5) Paragraph (6) applies where—
(a)a provisional safeguarding remedy is in force;
(b)the TRA has been made aware of contracts concluded on normal terms and conditions before the entry into force of that provisional safeguarding remedy; and
(c)the TRA determines that it is appropriate to recommend the imposition of a tariff rate quota.
(6) Where this paragraph applies, in determining the level at which the tariff rate quota should be set, the TRA must consider the volume of the goods concerned to be exported under the contracts referred to in paragraph (5)(b).
Commencement Information
I1Reg. 10 in force at 6.3.2019 with effect in accordance with reg. 1(3)-(8), see reg. 1(2)
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