Common use of Consignment Criteria Clause in Contracts

Consignment Criteria. 1. An originating good of a Party shall be deemed to meet the consignment criteria when it is transported: (a) directly from the exporting Party to the importing Party without passing through a non- Party; or (b) from the exporting Party to the importing Party through one or more non-Parties for the purpose of transit, transshipment or temporary storage in warehouses in such non-Parties, provided that: (i) it does not undergo operations other than unloading, reloading and any other operation to preserve it in good condition; and (ii) the good remains under control of the customs authorities in such non-Parties. 2. If an originating good of a Party does not meet the consignment criteria referred to in paragraph 1, that good shall no longer be considered as an originating good of the Party.