Standards for a Safeguard Measure Sample Clauses

Standards for a Safeguard Measure. 1. A Party may apply a safeguard measure, including any extension thereof, for no longer than three years. Regardless of its duration, such measure shall terminate at the end of the transition period.
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Standards for a Safeguard Measure. 1. No Party may maintain a safeguard measure:
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Standards for a Safeguard Measure. 1. A Party shall notify immediately the other Party in writing upon initiation of an investigation described in paragraph 2 and shall consult with the other Party within 30 days after the initiation of the investigation, with a view to reviewing the information arising from the investigation and exchanging views on the measure. 2. A Party shall apply a safeguard measure only following an investigation by the Party's competent authorities in accordance with Articles 3 and 4.2 of the Safeguards Agreement, and to this end, Articles 3 and 4.2 of the Safeguards Agreement are incorporated into and made a part of this Agreement, mutatis mutandis. 3. Each Party shall ensure that its competent authorities complete any such investigation within one year of its date of initiation. 4. Neither Party shall apply a safeguard measure: (a) except to the extent, and for such time, as may be necessary to prevent or remedy serious injury and to facilitate adjustment; (b) for a period exceeding two years, except that the period may be extended by up to one year if the competent authorities of the importing Party determine, in conformity with the procedures specified in this Article, that the measure continues to be necessary to prevent or remedy serious injury and to facilitate adjustment and that there is evidence that the industry is adjusting, provided that the total period of application of a safeguard measure, including the period of initial application and any extension thereof, shall not exceed three years; or (c) beyond the expiration of the transition period. 5. Neither Party shall apply a safeguard measure more than once against the same good. 6. Where the expected duration of the safeguard measure is over one year, the Party applying a measure shall progressively liberalize it at regular intervals during the period of application. 7. When a Party terminates a safeguard measure, the rate of customs duty shall be the rate that, according to the Party's Schedule to Annex 2-A (Elimination of Customs Duties), would have been in effect but for the measure.
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Standards for a Safeguard Measure. 1. A Party may adopt a safeguard measure only during the period necessary to prevent or remedy the serious injury, or threat thereof, and facilitate adjustment. This period shall not exceed two (2) years, which may be extended for an additional term of up to one (1) year. The initial period includes the termofanyprovisionalmeasure applied. 2. Subject to paragraph 1, a Party may extend the period of a safeguard measure if the competent investigating authority determines, in accordance with the procedures set out in Article 8.4 (Safeguard Procedures), that the measure continues to be necessary to prevent or 81 The Parties
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Standards for a Safeguard Measure. 1. No Party may maintain a safeguard measure: (a) except to the extent, and for such time, as may be necessary to prevent or remedy serious injury and to facilitate adjustment; (b) for a period exceeding two years; except that the period may be extended by up to two years if the competent authority determines, in conformity with the procedures set out in Article 8.3, that the measure continues to be necessary to prevent or remedy serious injury and to facilitate adjustment and that there is evidence that the domestic industry is adjusting; or (c) beyond the expiration of the transition period. 2. In order to facilitate adjustment in a situation where the expected duration of a safeguard measure is over one year, the Party applying the measure shall progressively liberalize it at regular intervals during the period of application. 3. No Party may apply a safeguard measure more than once on the same good. 4. On the termination of a safeguard measure, the rate of duty shall be no higher than the rate that, according to the Party's Schedule to Annex 2.3 (Tariff Elimination), would have been in effect one year after the initiation of the measure. Beginning on January 1 of the year following the termination of the measure, the Party that has applied the measure shall: (a) apply the rate of duty set out in the Party's Schedule to Annex 2.3 (Tariff Elimination) as if the safeguard measure had never been applied; or (b) eliminate the tariff in equal annual stages ending on the date set out in the Party's Schedule to Annex 2.3 (Tariff Elimination) for the elimination of the tariff.
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Related to Standards for a Safeguard Measure

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