Common use of Automotive Goods Clause in Contracts

Automotive Goods. 1. Notwithstanding the regional value-content requirement specified in an applicable rule in Annex D-01 for the tariff provision under which a good is classified, a good shall be an originating good where: (a) the good is provided for in a tariff provision identified in Annex D-03.1; (b) the good is for use in a motor vehicle; (c) each of the non-originating materials used in the production of the good undergoes the change of tariff classification specified in the applicable rule in Annex D-01 for that tariff provision; (d) the regional value content of that good is not less than 30 per cent under the net cost method; and (e) the good meets any other applicable requirements set out in this Chapter. 2. For purposes of calculating the regional value content of a motor vehicle, the producer may average its calculation over its fiscal year, using any one of the following categories, on the basis of either all motor vehicles in the category or only those motor vehicles in the category that are exported to the territory of the other Party: (a) the same model line of motor vehicles in the same class of vehicles produced in the same plant in the territory of a Party; (b) the same class of motor vehicles produced in the same plant in the territory of a Party; (c) the same model line of motor vehicles produced in the territory of a Party; or (d) if applicable, the basis set out in Annex D-03.2. 3. For purposes of calculating the regional value content for any or all goods provided for in a tariff provision listed in Annex D-03.1 produced in the same plant, the producer of the good may: (a) average its calculation (i) over the fiscal year of the motor vehicle producer to whom the good is sold, (ii) over any quarter or month, or (iii) over its fiscal year, if the good is sold as an aftermarket part; (b) calculate the average referred to in subparagraph (a) separately for any or all goods sold to one or more motor vehicle producers; or (c) with respect to any calculation under this paragraph, calculate separately for those goods that are exported to the territory of the other Party.

Automotive Goods. 1. Notwithstanding the regional value-content requirement specified in an applicable rule in Annex D-01 for the tariff provision under which a good is classified, a good shall be an originating good where: (a) the good is provided for in a tariff provision identified in Annex D-03.1; (b) the good is for use in a motor vehicle; (c) each of the non-originating materials used in the production of the good undergoes the change of tariff classification specified in the applicable rule in Annex D-01 for that tariff provision; (d) the regional value content of that good is not less than 30 per cent under the net cost method; and (e) the good meets any other applicable requirements set out in this Chapter. 2. For purposes of calculating the regional value content of a motor vehicle, the producer may average its calculation over its fiscal year, using any one of the following categories, on the basis of either all motor vehicles in the category or only those motor vehicles in the category that are exported to the territory of the other Party: (a) the same model line of motor vehicles in the same class of vehicles produced in the same plant in the territory of a Party; (b) the same class of motor vehicles produced in the same plant in the territory of a Party; (c) the same model line of motor vehicles produced in the territory of a Party; or (d) if applicable, the basis set out in Annex D-03.2. 3. For purposes of calculating the regional value content for any or all goods provided for in a tariff provision listed in Annex D-03.1 produced in the same plant, the producer of the good may: (a) average its calculation (i) over the fiscal year of the motor vehicle producer to whom the good is sold, (ii) over any quarter or month, or (iii) over its fiscal year, if the good is sold as an aftermarket part; (b) calculate the average referred to in subparagraph (a) separately for any or all goods sold to one or more motor vehicle producers; or (c) with respect to any calculation under this paragraph, calculate separately for those goods that are exported to the territory of the other Party.

Automotive Goods. 1. Notwithstanding the regional value-content requirement specified in an applicable rule in Annex D-01 for the tariff provision under which a good is classified, a good shall be an originating good where: (a) the good is provided for in a tariff provision identified in Annex D-03.1; (b) the good is for use in a motor vehicle; (c) each of the non-originating materials used in the production of the good undergoes the change of tariff classification specified in the applicable rule in Annex D-01 for that tariff provision; (d) the regional value content of that good is not less than 30 per cent under the net cost method; and (e) the good meets any other applicable requirements set out in this Chapter. 2. For purposes of calculating the regional value content of a motor vehicle, the producer may average its calculation over its fiscal year, using any one of the following categories, on the basis of either all motor vehicles in the category or only those motor vehicles in the category that are exported to the territory of the other Party: (a) the same model line of motor vehicles in the same class of vehicles produced in the same plant in the territory of a Party; (b) the same class of motor vehicles produced in the same plant in the territory of a Party; (c) the same model line of motor vehicles produced in the territory of a Party; or (d) if applicable, the basis set out in Annex D-03.2. 3. For purposes of calculating the regional value content for any or all goods provided for in a tariff provision listed in Annex D-03.1 produced in the same plant, the producer of the good may: (a) average its calculation (i) over the fiscal year of the motor vehicle producer to whom the good is sold, (ii) over any quarter or month, or (iii) over its fiscal year, if the good is sold as an aftermarket part; (b) calculate the average referred to in subparagraph (a) separately for any or all goods sold to t o one or more motor vehicle producers; or (c) with respect to any calculation under this paragraph, calculate separately for those goods that are exported to the territory of the other Party.