Common use of Sufficiently worked or processed products Clause in Contracts

Sufficiently worked or processed products. 1. For the purposes of Article 2, products which are not wholly obtained are considered to be sufficiently worked or processed when the conditions set out in the list in Annex II are fulfilled. The conditions referred to above indicate, for all products covered by the Agreement, the working or processing which must be carried out on non-originating materials used in manufacturing and apply only in relation to such materials. It follows that if a product, which has acquired originating status by fulfilling the conditions set out in the list is used in the manufacture of another product, the conditions applicable to the product in which it is incorporated do not apply to it, and no account shall be taken of the non-originating materials which may have been used in its manufacture. 2. Notwithstanding paragraph 1, non-originating materials which, according to the conditions set out in the list, should not be used in the manufacture of a product may nevertheless be used, provided that: a) their total value does not exceed 10 per cent of the ex-works price of the product;

Appears in 2 contracts

Samples: Free Trade Agreement, Free Trade Agreement

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Sufficiently worked or processed products. 1. For the purposes of Article 2, products which are not wholly obtained are considered to be sufficiently worked or processed when the conditions set out in the list in Annex II are fulfilled. The conditions referred to above indicate, for all products covered by the Agreement, the working or processing which must be carried out on non-originating materials used in manufacturing and apply only in relation to such materials. It follows that if a product, product which has acquired originating status by fulfilling the conditions set out in the list is used in the manufacture of another product, the conditions applicable to the product in which it is incorporated do not apply to it, and no account shall be taken of the non-originating materials which may have been used in its manufacture. 2. Notwithstanding paragraph 1, non-originating materials which, according to the conditions set out in the list, should not be used in the manufacture of a product may nevertheless be used, provided that: a) their total value does not exceed 10 per cent of the ex-works price of the product;

Appears in 1 contract

Samples: Protocol Concerning the Definition of the Concept of 'Originating Products' and Methods of Administrative Co Operation

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Sufficiently worked or processed products. 1. For the purposes of Article 2, products which are not wholly obtained are considered to be sufficiently worked or processed when the conditions set out in the list List in Annex II are fulfilled. 2. The conditions referred to in paragraph 1 above indicate, for all products covered by the this Agreement, the working or processing which must be carried out on non-originating materials used in manufacturing and apply only in relation to such materials. It Accordingly, it follows that if a product, which has acquired originating status by fulfilling the conditions set out in the list List is used in the manufacture of another product, the conditions applicable to the product in which it is incorporated do not apply to it, and no account shall be taken of the non-originating materials which may have been used in its manufacture. 23. Notwithstanding paragraph 1, non-originating materials which, according to the conditions set out in the list, Annex II should not be used in the manufacture of a given product may nevertheless be used, provided that: : (a) their total value does not exceed 10 15 per cent of the ex-works price of the product; (b) any of the percentages given in the List for the maximum value of non-originating materials are not exceeded through the application of this paragraph.

Appears in 1 contract

Samples: Economic Partnership Agreement

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