Finance (No. 2) Act 2023

Notification etc U.K.

2 (1) In paragraph 9 (initiation of a dumping or subsidisation investigation)—

(a) after sub-paragraph (3) insert—

“(3A) Where the TRA receives an application under sub-paragraph (1)(a)(i), the TRA must notify the Secretary of State of the application before the end of the second working day after the day on which it receives the application.”;

(b) in sub-paragraph (5), in the words before paragraph (a), after “must” insert “notify the Secretary of State that it intends to initiate a dumping investigation and, after the relevant interval, must take the following steps in the order in which they are set out”;

(c) in sub-paragraph (6)—

(i) in the words before paragraph (a), after “must” insert “notify the Secretary of State that it intends to initiate a subsidisation investigation and, after the relevant interval, must take the following steps in the order in which they are set out”;

(ii) after paragraph (a) insert—

“(aa) invite the governments of the relevant foreign countries or territories to participate in consultations,”;

(iii) in paragraph (b) omit the words from “after” to “consultations,”;

(d) after sub-paragraph (6) insert—

“(6A) In sub-paragraphs (5) and (6), the “relevant interval” is the period of two working days beginning with the first working day after the day on which the TRA notifies the Secretary of State of its intention to initiate the investigation.”;

(e) after sub-paragraph (9) insert—

“(10) In this paragraph, “working day” means any day other than a Saturday, a Sunday or a day that is a bank holiday under the Banking and Financial Dealings Act 1971 in any part of the United Kingdom.”

(2) In paragraph 10 (regulations about the conduct of a dumping or subsidisation investigation), in sub-paragraph (2)—

(a) in paragraph (i), at the end insert “or the Secretary of State”;

(b) at the end insert—

“(k) the Secretary of State requiring the TRA to reassess a proposal to terminate an investigation.”

(3) In paragraph 11 (provisional affirmative determinations and final affirmative or negative determinations), in sub-paragraph (5), at the end insert “(but see paragraph 12A for a requirement to give notice to the Secretary of State in certain cases)”.

(4) In paragraph 12 (termination of a dumping or a subsidisation investigation)—

(a) omit paragraph (b);

(b) in paragraph (c), after “20(4)(a)” insert “or the Secretary of State publishes notice of a decision under paragraph 20A(2)”.

(5) After paragraph 12 insert—

“Requirement to give notice to the Secretary of State in certain cases

12A (1) This paragraph applies where the TRA proposes to make a final negative determination.

(2) The TRA must notify the Secretary of State of its proposed determination.

(3) Where the Secretary of State has been notified in accordance with sub-paragraph (2), the Secretary of State may, within the relevant period (and subject to sub-paragraph (4)), request that the TRA reassess its proposed determination by reference to any matters specified in the request.

(4) The Secretary of State may only make a request under sub-paragraph (3) where the Secretary of State considers that—

(a) there is information that the TRA did not take into account in its investigation 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.

(5) The TRA must comply with a request under sub-paragraph (3).

(6) 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 sub-paragraph (3), the time when the TRA receives that information.

(7) For the purposes of this paragraph, 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.”

Commencement Information

I1 Sch. 19 para. 2 not in force at Royal Assent, see Sch. 19 para. 17(2)

I2 Sch. 19 para. 2 in force at 25.8.2023 by S.I. 2023/918, reg. 2 (with reg. 3)