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Finance (No. 2) Act 2023
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Revocation in the public interestU.K.
13After paragraph 22 insert—
“Revocation in the public interest
22A(1)The Secretary of State may decide that the application of a definitive safeguarding amount to goods, or a tariff rate quota to which goods are subject, is to be revoked in the absence of a recommendation from the TRA where the Secretary of State considers that revocation is in the public interest.
(2)Before making a decision under sub-paragraph (1) the Secretary of State must consult such persons as the Secretary of State considers appropriate.
(3)Where the Secretary of State makes a decision under sub-paragraph (1), the Secretary of State—
(a)must publish notice of the decision,
(b)must notify interested parties (see paragraph 31(3)) accordingly,
(c)must lay a statement before the House of Commons setting out the reasons for making the decision, and
(d)is required under section 13 to make provision by public notice to give effect to the decision.”
Commencement Information
I1Sch. 19 para. 13 not in force at Royal Assent, see Sch. 19 para. 17(2)
I2Sch. 19 para. 13 in force at 25.8.2023 by S.I. 2023/918, reg. 2 (with reg. 3)
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