23.—(1) The TRA must calculate the amount of subsidy attributable to goods.
(2) In order to make its calculation the TRA must determine—
(a)the total amount of the countervailable subsidy in accordance with regulation 24 (determination of the amount of benefit conferred);
(b)the amount of the countervailable subsidy that is attributable to the period of investigation in accordance with regulation 25 (determination of the amount of the countervailable subsidy that is attributable to the period of investigation); and
(c)which goods the countervailable subsidy may be allocated to during the period of investigation in accordance with regulation 26 (determination of the goods the subsidy is attributable to during the period of investigation).
(3) The TRA must determine the rate of subsidy attributable to the goods by dividing the countervailable subsidy amount determined in accordance with regulation 25 (determination of the amount of subsidy that is attributed to the period of investigation) by the value of goods determined in accordance with regulation 26 (determination of the goods the subsidy is attributable to during the period of investigation).
(4) The amount of the subsidy must be expressed as an ad valorem rate of the value of the subsidised imports.
(5) Where an overseas exporter benefits, directly or indirectly, from more than one countervailable subsidy during the period of investigation, the TRA must follow the steps in paragraphs (2) to (4) for each of those subsidies.
(6) For the purpose of paragraph 4(4) of Schedule 4 to the Act, the specified period is the period of investigation.
Commencement Information
I1Reg. 23 in force at 6.3.2019, see reg. 1(2)