Vol. 148, No. 27 — December 31, 2014

Registration

SOR/2014-301 December 12, 2014

CUSTOMS TARIFF

CKFTA Tariff Preference Regulations

P.C. 2014-1456 December 12, 2014

His Excellency the Governor General in Council, on the recommendation of the Minister of Finance, pursuant to subsection 16(2) (see footnote a) of the Customs Tariff (see footnote b), makes the annexed CKFTA Tariff Preference Regulations.

CKFTA TARIFF PREFERENCE REGULATIONS

INTERPRETATION

1. In these Regulations, “originating” means qualifying as originating in the territory of a Party under the rules of origin set out in Chapter Three (Rules of Origin) of the Canada-Korea Free Trade Agreement.

GENERAL

2. For the purposes of paragraph 24(1)(b) of the Customs Tariff, originating goods exported from Korea are entitled to the benefit of the Korea Tariff if

COMING INTO FORCE

3. These Regulations come into force on the day on which section 47 of the Canada–Korea Economic Growth and Prosperity Act, chapter 28 of the Statutes of Canada, 2014, comes into force, but if they are registered after that day, they come into force on the day on which they are registered.

N.B. The Regulatory Impact Analysis Statement for these Regulations appears following SOR/2014-299, CKFTA Rules of Origin Regulations.