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There are currently no known outstanding effects for the The Trade Remedies (Dumping and Subsidisation) (EU Exit) Regulations 2019, Section 72.
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72.—(1) The TRA may conduct a review (an “absorption review”) to consider whether there has been a sufficient change to the export price or resale price of goods to reflect the application of an anti-dumping amount.
(2) An absorption review application must include evidence that after the period of investigation relating to the application of an anti-dumping amount—
(a)export prices of the goods subject to review have decreased; or
(b)there has been no movement, or insufficient movement, in the resale price or subsequent selling prices of the imported goods subject to review.
(3) In conducting an absorption review, the TRA must consider, among other things—
(a)available information from overseas exporters, importers and UK industry in respect of the export prices, resale prices and subsequent selling prices;
(b)whether the application of an anti-dumping amount has led to movements in resale prices and subsequent selling prices;
(c)any other relevant factors which may have had an impact on prices.
(4) Subject to paragraph (5), for the purpose of making a determination under this regulation, the TRA may make any assessment, finding or determination relevant to the calculation of the anti-dumping amount which it could have made in the investigation to which the anti-dumping amount relates.
(5) The TRA must not reassess the economic interest test (see paragraph 25 of Schedule 4 to the Act) when carrying out an absorption review.
(6) The TRA must not recommend the application of an anti-dumping amount exceeding twice the anti-dumping amount most recently applied to the goods subject to review.
(7) Following the conclusion of an absorption review, the TRA may determine that the level of an anti-dumping amount to some or all of the goods subject to review should be—
(a)maintained; or
(b)varied.
[F1(8) Where the TRA proposes to make a determination under paragraph (7)(a) the TRA must notify the Secretary of State of its proposed determination.
(9) Where the Secretary of State has been notified in accordance with paragraph (8), the Secretary of State may, within the relevant period (and subject to paragraph (10)), request that the TRA reassess its proposed determination by reference to any matter specified in the request.
(10) The Secretary of State may only make a request under paragraph (9) where the Secretary of State considers that—
(a)there is information that the TRA did not take into account in its review that is relevant to the proposed determination;
(b)the TRA has made an error in relation to its proposed determination; or
(c)exceptional circumstances make the request appropriate.
(11) The TRA must comply with a request under paragraph (9).
(12) The TRA may not make its proposed determination until—
(a)the relevant period has ended; or
(b)if the Secretary of State informs the TRA within the relevant period that the Secretary of State will not make a request under paragraph (9), the time when the TRA receives that information.
(13) For the purposes of paragraphs (9) and (12), the “relevant period” is the period of 21 days beginning with the day on which the TRA notifies the Secretary of State that it proposes to make the determination in question.]
Textual Amendments
F1Reg. 72(8)-(13) inserted (23.5.2024) by The Trade Remedies (Amendment) Regulations 2024 (S.I. 2024/545), regs. 1(2), 14 (with reg. 2)
Commencement Information
I1Reg. 72 in force at 6.3.2019, see reg. 1(2)
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