Amendment of regulation 49 (review of tariff rate quotas under this Part)
8.—(1) In the heading to regulation 49, for “tariff rate quotas under this Part”, substitute “specified tariff rate quotas”.
(2) In regulation 49,—
(a)in paragraph (1)(a), for “tariff rate quotas applicable to goods under this Part”, substitute “specified tariff rate quotas”;
(b)in paragraph (3),—
(i)for subparagraph (a), substitute—
“(a)the information referred to in subparagraphs (a) to (c) of regulation 47(3);”; and
(ii)in subparagraph (b), after “referred to in”, insert “subparagraphs (d) to (n) of”;
(c)in paragraph (5)(d), after “reduce”, insert “or extend”;
(d)after paragraph (5), insert—
“(5A) For the purpose of considering whether it is appropriate to reduce or extend the period for which goods are subject to the quota (see paragraph (5)(d)), the TRA may consider the importation into the United Kingdom of goods belonging to each specified category of steel products since the investigation period considered by the European Commission .”;
(e)in paragraph (8), after “replacement day”, insert “, in which case the review continues on and after replacement day only in relation to the tariff rate quotas made applicable to goods in provision by public notice made under regulation 47(2)”; and
(f)for paragraphs (9) and (10), substitute—
“(9) The TRA may terminate the transition review only if regulation 47(5) applies (see regulation 47(4)).
(10) If the TRA terminates the transition review, the TRA must publish a notice containing the information referred to in paragraph 12 of the Schedule.”.