Common use of Sets Clause in Contracts

Sets. 1. Sets classified pursuant to Rule 3 of the General Rules for the Interpretation of the Harmonized System and goods specifically described as sets in the nomenclature of the Harmonized System shall qualify as originating goods of a Party, where every good contained in the set qualifies as originating under this Chapter. 2. Notwithstanding paragraph 1, a set shall be considered as an originating good, if the value of all non-originating goods used in the set does not exceed 10 percent of the FOB value of the set determined pursuant to Article 41, and such set satisfies all other applicable requirements of this Chapter. 3. Provisions of this Article shall prevail over the product specific rules set out in Annex 3.

Appears in 5 contracts

Samples: edit.wti.org, edit.wti.org, edit.wti.org

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